Angkor Gold Corp. Applies for Warrant Extension
VANCOUVER, British Columbia, July 24, 2013 (GLOBE NEWSWIRE) -- Angkor Gold Corp. (TSX-V:ANK) ("ANGKOR") announces that it has made application to the TSX Venture Exchange (the "Exchange") to extend the expiry date of all the currently issued and outstanding share purchase warrants (the "Warrants") that were originally issued on October 7, 2011 in accordance with Exchange policies. The Warrants that are the subject of the extension application consist of an aggregate of 9,990,000 Warrants, each with an exercise price of $0.45 per Warrant, which were issued in connection with the Corporation's Qualifying Transaction that closed on October 7, 2011. The foregoing Warrants are set to expire on various dates from as early as August 8, 2013 to as late as October 7, 2013. The application being submitted to the Exchange is to extend the expiry date to April 30, 2014.
Completion of the warrant extension is subject to the final approval of the TSX Venture Exchange.
Angkor Gold Corp. is a public company listed on the TSX-Venture Exchange. It is Cambodia's premier gold explorer with a significantly large land package and a first-mover advantage with excellent relationships at all levels of Government (local to national).
With five exploration licences in the Kingdom of Cambodia covering a total of 1102km2, that the company has been actively exploring over the past four years, Angkor has now covered all tenements with stream sediment geochemical sampling, has flown low level aeromagnetic surveys over most of the ground, drilled 17,556 metres of NQ core in 143 holes; and has collected in excess of 20,000 augered 'C' zone soil samples and over 16,000 TMS in 10 centres of interest, over a combined area of 35km2, in addition to numerous trenches and detailed geological field mapping. Exploration on all tenements is ongoing.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
Contact
FOR FURTHER INFORMATION PLEASE CONTACT:
Angkor Gold Corp.
Mike Weeks, President
Telephone: (780) 568-3801
Email: mw@angkorgold.ca