Ms. Delayne Weeks reports

ANGKOR ANNOUNCES CLOSING OF OVER-SUBSCRIBED PRIVATE PLACEMENT RAISING $770,000

Angkor Resources Corp. has completed a non-brokered private placement that was previously announced (see release dated July 4, 2025) and will issue an a total of 4,400,001 units for gross proceeds of $770,000. The units were offered at 17.5 cents, and each unit comprises one common share and one-half common share purchase warrant, with each full warrant exercisable to purchase a common share at 35 cents for a period of 24 months from the date of issuance.

The net proceeds of the offering will be used to finance exploration activities on the company's exploration projects and for general working capital purposes. No fees were paid in connection with the offering.

The common shares will be subject to a hold period of four months and a day from their date of issuance. The private placement remains subject to final approval from the TSX Venture Exchange.

Insiders of the company participated in the offering and subscribed for 1,033,246 units for proceeds of $180,818. The participation of the officers and directors in the private offering constitutes a related party transaction of the company for purposes of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, and Section 5.9, Protection of Minority Securityholders in Special Transactions, of the corporate finance manual of the TSX-V. In completing the private placement, the company is relying upon exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The company is exempt from the formal valuation requirement in Section 5.4 of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25 per cent of the company's market capitalization. Additionally, the company is exempt from minority shareholder approval requirement in Section 5.6 of MI 61-101 in reliance on, inter alia, Section 5.7(a) as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25 per cent of the company's market capitalization. The company did not file a material change report 21 days prior to the expected closing date of the private placement as the details of the insider participation in the private placement had not been finalized at the time.

Early warning reporting

Mike Weeks

Mr. Weeks (address: 51069 Township Rd. 744, Sexsmith, Alta., T0H 3C0), who is an insider and control person of the company, acquired 219,857 common shares under the private placement. The 219,857 common shares acquired by Mr. Weeks represent under 1 per cent of the 189,952,528 common shares following the closing of the private placement.

Prior to the private placement, Mr. Weeks held 31,475,424 common shares, representing 17 per cent of the outstanding common shares, based upon 185,569,916 common shares being outstanding immediately prior to the closing of the private placement. Mr. Weeks now owns 31,695,281 common shares, representing 16.69 per cent of the outstanding common shares on an undiluted basis, based upon 189,952,528 being outstanding following the closing of the private placement. Mr. Weeks also holds and 1,088,889 options.

Mr. Weeks acquired and intends to hold the securities for investment purposes. Mr. Weeks, depending on market and other conditions, may increase his beneficial ownership, control or direction over the common shares or other securities of Angkor through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise, in accordance with applicable securities regulations. Depending on market or other conditions, Mr. Weeks may sell all or a portion of the common shares.

An early warning report with additional information with respect to Mr. Weeks will be filed on SEDAR+.

Delayne Weeks

Ms. Weeks (address: P.O. box 15, Sexsmith, Alta., T0H 3C0), who is an insider of the company, acquired 237,143 common shares under the private placement. The 237,143 common shares acquired by Ms. Weeks represent under 1 per cent of the 189,952,528 common shares outstanding following the closing of the private placement.

Prior to the private placement, Ms. Weeks held 21,142,862 common shares and 1,428,571 warrants, exercisable to acquire 1,428,571 common shares, representing 11.4 per cent of the outstanding common shares on an undiluted basis and 12.2 per cent on a partially diluted basis (assuming the exercise of the warrants), based upon 185,569,916 common shares being outstanding immediately prior to the closing of the private placement.

Ms. Weeks now owns 21,380,005 common shares and warrants, exercisable to acquire 1,547,143 common shares, representing 11.26 per cent of the outstanding common shares on an undiluted basis and 11.93 per cent on a partially diluted basis (assuming the exercise of the warrants), based upon 189,952,528 common shares being outstanding following the closing of the private placement.

Ms. Weeks acquired and intends to hold the securities for investment purposes. Ms. Weeks, depending on market and other conditions, may increase her beneficial ownership, control or direction over the common shares or other securities of Angkor through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise, in accordance with applicable securities regulations. Depending on market or other conditions, Ms. Weeks may sell all or a portion of the common shares.

An early warning report with additional information with respect to Ms. Weeks will be filed on SEDAR+.

About Angkor Resources Corp.

Angkor is a public company, listed on the TSX Venture Exchange, and is a leading resource optimizer in Cambodia, working toward mineral and energy solutions across Canada and Cambodia. Angkor's carbon capture and gas conservation project in Saskatchewan, Canada, is part of its long-term commitment to environmental and social projects and cleaner energy solutions across expanding jurisdictions.

The company's mineral subsidiary, Angkor Gold Corp., in Cambodia, holds three mineral exploration licences in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas licence of 3729 square kilometres in the southwestern quadrant of Cambodia called Block VIII. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Sask.

We seek Safe Harbor.