Angkor Resources Closes $3.5 Million Private Placement

Bitget2026/11/05 12:03

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Angkor Resources closed a $3.5 million non-brokered private placement with Sorbie Bornholm on November 5, 2026.
Units comprise 14,000,000 common shares priced at $0.25, 2,870,000 warrants exercisable at $0.32 and 11,130,000 additional warrants.
Additional warrants carry a 5% premium to the preceding 20-trading-day VWAP; both warrant classes have three-year maturities.
Proceeds and shares will be released in 24 equal monthly tranches starting 30 days after closing; additional warrants follow that schedule.
Monthly proceeds adjust proportionately against a $0.3144 VWAP benchmark, with no upper limit on additional proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Angkor Resources Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202611050700TNWSWRCACNPR_____1A0vFmrQE) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Angkor Resources Closes $3.5 Million Private Placement

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