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Angkor Resources Corp. Grants Stock Options to Align Personnel with Strategic Exploration Activities in Cambodia

TL;DR

Angkor Resources grants stock options at $0.36 per share, potentially rewarding early investors if the company's Cambodian mineral and energy projects succeed.

Angkor Resources issued 4.275 million stock options exercisable at $0.36 per share, with varying vesting periods for directors, management, and consultants through 2029.

Angkor Resources' work in Cambodia could establish domestic oil and gas production, potentially boosting the nation's energy independence and economic development.

Angkor Resources holds licenses to explore for copper, gold, oil, and gas across over 4,000 square kilometers in Cambodia, targeting its first onshore wells.

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Angkor Resources Corp. Grants Stock Options to Align Personnel with Strategic Exploration Activities in Cambodia

Angkor Resources Corp. has granted an aggregate of 4,275,000 stock options to certain directors, management and consultants of the company in accordance with its Rolling Stock Option Plan. Each option is exercisable into one common share at a price of $0.36 per share, matching the company's closing share price on the TSX Venture Exchange on February 27, 2026. The options granted to directors and administrative consultants are exercisable for a three-year term expiring March 2, 2029 and vest immediately. The remaining options issued to management will also vest immediately but expire in 12 months on March 2, 2027. This compensation structure is designed to align the interests of key personnel with those of shareholders as the company pursues its strategic objectives.

Angkor Resources Corp. operates as a resource optimizer in Cambodia, working toward mineral and energy solutions across the country. The company's mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold. Both licenses are currently in their first two-year renewal term, indicating ongoing exploration activity. Through its Cambodian energy subsidiary, EnerCam Resources, the company holds an onshore oil and gas license covering just over 4095 square kilometres in Block VIII. After removing parks and protected areas and adding 220 square kilometres, EnerCam is actively advancing oil and gas exploration activities onshore. The company's mission is to prove Cambodia as an oil and gas producing nation.

Having completed seismic surveys in 2025, the company has identified multiple drill targets and is advancing an Environmental Impact Assessment and drilling plans. These efforts are directed toward drilling Cambodia's first onshore oil and gas exploratory wells, which would represent a significant milestone for the country's energy sector. The stock option grants come at a time when the company is positioning itself for these critical exploration activities. The company's website at https://angkorresources.com provides additional information about its operations and strategic direction. The original release announcing these stock option grants can be viewed at https://www.newmediawire.com. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the release.

Curated from NewMediaWire

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