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TSX-V Exchange Approves Shares For Debt Transactions
Thenewswire· 2025-10-30 13:00
Core Points - Angkor Resources Corp. has received approval from the TSX Exchange for a 'shares for debt' transaction to address an aggregate debt of $1,922,800 owed to certain creditors [1][2] - The transaction involves the issuance of 9,156,190 shares at $0.21 each and 4,131,667 warrants, with each warrant exercisable at $0.30 for 24 months [2] - The common shares issued will be subject to a hold period of four months and one day following issuance [3] Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [4] - The company’s mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia, while its energy subsidiary, EnerCam Resources, has an onshore oil and gas license covering 4,095.1 square kilometers [5] - Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been engaged in gas/carbon capture and oil and gas production in Evesham, Saskatchewan [6]