ANGKOR Resources Completes Sale of Evesham Macklin Oil and Gas Lands

GRANDE PRAIRIE, ALBERTA — March 6, 2026 — Leads & Copy — ANGKOR Resources Corp. has completed the sale of its 40% participating interest in the Evesham Macklin oil and gas lands in Saskatchewan, the company announced today.

The transaction, involving the “Assets,” has received conditional approval from the TSX Venture Exchange. All final payments have been received and closing is complete.

The company’s wholly-owned subsidiary, EnerCam Exploration Ltd., entered into an Agreement of Purchase and Sale dated December 31, 2025, with 2196231 Alberta Ltd., an arm’s length party, for the disposition of the Assets at a purchase price of $4,800,000. The initial announcement of the deal was made January 5, 2026.

All payments under the Agreement have been deposited into the Company’s accounts, including:

(a) a $250,000 non-refundable deposit paid on December 19, 2025;

(b) a payment of $375,000 paid on January 30, 2026;

(c) the balance of the Loan of $3,800,000, applied to the purchase price on closing;

(d) a final payment of $375,000 received on March 1, 2026; and

(e) all profit entitlements and operating and capital commitments under the Assets after October 1, 2025 have accrued to the Purchaser.

According to the company, the sale of the oil and gas assets was a strategic decision that removed a debt of $3,800,000 and provided $1,000,000 in net proceeds. Shareholder approval for the disposition was obtained at the Annual General and Special Meeting of Shareholders held on January 29, 2026, with over 99% of the votes cast in favor of the transaction.

“We are pleased to announce the successful closing of the Evesham disposition,” said Delayne Weeks, CEO. “This transaction eliminates $3,800,000 in debt and provides the Company with additional working capital.”

Weeks added that the company can now focus resources and efforts on advancing its Cambodian onshore Block VIII oil and gas project and mineral exploration programs. He said this represents the highest potential for growth and value creation for shareholders.

ANGKOR Resources Corp. is a public company listed on the TSX-Venture Exchange. The company is working towards mineral and energy solutions across Cambodia through its mineral subsidiary, Angkor Gold Corp., and its Cambodian energy subsidiary, EnerCam Resources.

EnerCam Resources was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII. After removing all parks and protected areas and adding 220 square kilometres, the license area is just over 4095 square kilometres. The company has identified multiple drill targets and advances an Environmental Impact Assessment and drilling plans to drill Cambodia’s first onshore oil & gas exploratory wells.

Source: ANGKOR Resources