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Angkor Gold Announces Appointment of Stephen Lautens as VP of Corporate Affairs

V.ANK

GRANDE PRAIRIE, AB--(Marketwired - December 06, 2016) - ANGKOR GOLD CORP. (TSX VENTURE: ANK) (OTC PINK: ANKOF) ("Angkor" or "the Company") announced today the appointment of Mr. Stephen Lautens as its new Vice President of Corporate Affairs effective immediately. Mr. Lautens will be responsible for communications, marketing and investor relations for the Company.

Mr. Lautens has a wide range of experience in communications, investor relations and business development as part of executive management teams of both private and public companies.

Mr. Lautens was VP Corporate Communications and General Counsel of Inter-Citic Minerals Inc. for almost eight years. Inter-Citic was a TSX-listed gold exploration company with a large project in western China. It was sold in a friendly takeover in November, 2012 to Western Mining Co Ltd, a $5.5B mining company based in China, for $260 million -- a 123% premium to market share price. Prior to that, Mr. Lautens worked as Executive VP of a company developing a project in partnership with China Minmetals Non-ferrous Metals Co. Ltd., then one of China's largest State Owned Enterprises.

Previously Mr. Lautens served as VP Business Development of The Workflow Automation Corporation, a private Canadian software technology company. The Workflow Automation Corporation was acquired by BEA Systems, Inc. (since acquired by Oracle) in 2000 for $46 million.

Mike Weeks, CEO of Angkor commented on the addition of Mr. Lautens, "We are very pleased to have Mr. Lautens join the Angkor team. His attitude and expertise are consistent with our corporate philosophy, adding another solid asset to Angkor."

"I am extremely excited to join the executive team at Angkor," Mr. Lautens said. "I am not only impressed by the scope and quality of Angkor's projects in Cambodia, but I am delighted by the company's sincere commitment and dedication to improving the lives of the local inhabitants as partners in Angkor's success. I greatly look forward to working with the Angkor team in making the Angkor story better known, and building on their success."

Stephen Lautens is a past president of The National Club and previously served three non-consecutive terms as president of The Ontario Club. Mr. Lautens was also president of the Lawyers Club and served two terms as president of the Toronto Press Club. He is currently a Governor of The National Newspaper Awards having served previously on its board for seven years. Mr. Lautens is also a published writer. His articles have also appeared in numerous publications, including Canadian Lawyer Magazine and as a regular feature in The Calgary Sun, The National Post, The London Free Press and Toronto Sun.

In 2012 Stephen Lautens was awarded the Queen Elizabeth II Diamond Jubilee Medal for his community and charity work. Among his other international honors, in 2008 he was granted the Freedom of the City of London (UK).

He earned a J.D. degree from Queen's Law School, Kingston and a history B.A. degree from Victoria College at the University of Toronto. Mr. Lautens lives in and will be based in Toronto.

ABOUT ANGKOR GOLD CORP.

ANGKOR Gold Corp. is a public company listed on the TSX-Venture Exchange and is Cambodia's premier mineral explorer with a large land package and a first-mover advantage building strong relationships with all levels of government and stakeholders.

ANGKOR'S six exploration licenses in the Kingdom of Cambodia cover 1,352 km2, which the company has been actively exploring over the past 6 years. The company has now covered all tenements with stream sediment geochemical sampling and has flown low level aeromagnetic surveys over most of the ground. Angkor has diamond drilled 21,855 metres in 190 holes, augured 2,643 metres over 728 holes, collected over 165,000 termite mound samples and 'B' and 'C' zone soil samples in over 20 centres of interest over a combined area of more than 140km2, in addition to numerous trenches, IP surveys and detailed geological field mapping. Exploration on all tenements is ongoing.

Website at: http://www.angkorgold.ca or follow us @AngkorGold for all the latest updates.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain of the statements made and information contained herein may constitute "forward-looking information". In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

FOR FURTHER INFORMATION PLEASE CONTACT:
ANGKOR GOLD CORP.
Stephen Burega
Vice President of Corporate Development
Telephone: (647) 515-3734
Email: sb@angkorgold.ca



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