Angkor Resources Receives International Attention Regarding its ESG Projects

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[{"type":"text","content":"Angkor Resources Receives International Attention Regarding its ESG Projects\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Angkor Resources Receives\nInternational Attention Regarding\n \n \n i\n \n \n ts\nESG Projects\n \n \n \n \n GRANDE PRAIRIE, ALBERTA –\n \n \n TheNewswire -\n \n \n March 5, 2024 - ANGKOR RESOURCES CORP.\n(TSXV:ANK\n \n \n )\n \n \n and\n \n \n (\n \n \n OTC:ANKOF) (“ANGKOR\n \n \n ” or the\n \n \n “Company”)\n \n \n announces\n \n \n that it has received international attention for its\nactivities and facilitation of Financial Literacy (“FinLit”)\ntraining for Indigenous Communities, stemming from requests from local\ncommunities for assistance in dealing with debt load from overzealous\nmicrofinance institutions (“MFI”).\n \n \n \n February, 2024, the European Union’s Manager on Governance,\nDemocracy and Human Rights, the CEO of CORD United Kingdom, and Cerise\nSPFT for Southeast Asia were onsite in Banlung for first-hand view and\ndiscussion about the FinLit training and other activities undertaken\nby Angkor.  The delegation was joined by upper management of\nDevelopment and Partnerships in Action (“DPA”).\n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n Above:  Viseth Keo explains some of Angkor’s ESG activities to\ndelegation from European Union, CORD, Cerise, and DPA.   Mike Weeks\nprovides presentation at the Angkor Training Center.\n \n \n In early 2022, Angkor initiated the research for the project on the\nAndong Meas license when it heard and saw the impact on the\ncommunities.   Angkor then asked for collaboration with Advanced Bank\nof Asia (“ABA”), which is owned by National Bank of Canada, to\nprovide financial literacy training to families of rural communities\nthat were at risk of losing their homes, farms and land security.\n Due to the inability to repay microfinance loans with very high\ninterest rates and fees and no analysis of the MFIs undertaken\nregarding the ability to repay, many of Cambodia’s most vulnerable\npeople have fallen into insurmountable debt with little chance of\nrepayment in their lifetime.\n \n \n \n The disturbing results of basel...

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