Business
Angkor Resources Announces AGM Results and Appointment of New Director
(TheNewswire)                    GRANDE PRA...
About this update from Angkor Resources Corp.
[{"type":"text","content":"Angkor Resources Announces AGM Results and Appointment of New Director\n(TheNewswire)\n                  \n\nGRANDE PRAIRIE, ALBERTA –\nTheNewswire - (January 30, 2026): ANGKOR RESOURCES CORP.\n(TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces the voting results from its Annual General Meeting\nof Shareholders (the \"Meeting\"), held on Thursday, January\n29, 2026, including the appointment of Dr. David Johnson to the Board\nof Directors of the Company.\n\n \n\nAll resolutions presented to the Shareholders were\napproved. Each of the resolutions are explained in detail in the\nManagement Information Circular published in connection with the\nMeeting. It is available for reference on the Company's\nwebsite https://angkorresources.com.\n\n \n\nA total of 96,855,431 common shares, representing\napproximately 47.78 % of the Company's outstanding common shares,\nwere voted in person and by proxy at the Meeting. Shareholders voted\nin favour of:\n\n \n\n\n\nReappointing Davidson Company\nLLP, Chartered Professional Accountants auditors\nof the Company; \n\n\n\n \n\n\n\nSetting the number of directors at six, with the\nfollowing six nominees elected as directors: Russ Tynan, Mike Weeks,\nTerry Mereniuk, Ken Booth, Grant T. Smith and Dr. David\nJohnson; \n\n\n\n \n\n\n\nApproving the Company's Rolling stock option plan;\nand \n\n\n\n \n\n\n\nApproving the sale of the\nCorporation's 40% participating interest (the \"Assets\") in the\nEvesham Macklin oil and gas lands in Saskatchewan to an arm's\nlength party (the \"Purchaser\") at a fair market value sale\nprice of $4,800,000 (the \"Purchase Price\") \n\n\n\n \n\n  The sale of the oil and gas assets was a strategic\ndecision that removed a debt of $3,800,000 off the books and provided\nthe Company with $1,000,000 in net proceeds. The original Letter of\nIntent and announcement is provided here:  ANGKOR RESOURCES SIGNS LETTER OF INTENT\nTO SELL EVESHAM OIL PRODUCTION - Angkor Resources Corp.  Because it was a fundamental transaction, approval from\nshareholders was required at the AGM and over 99% of the voters were\nin favor of the transaction.  The Company wanted to push its\nresources into the Cambodian onshore Block VIII P...