Angkor Resources Announces AGM Results, Asset Sale, and New Director Appointment

Angkor Resources Corp. announced the voting results from its Annual General Meeting of Shareholders held on January 29, 2026, including the appointment of Dr. David Johnson to the Board of Directors. All resolutions presented to shareholders were approved, with detailed explanations available in the Management Information Circular published in connection with the meeting, which can be referenced on the Company's website https://angkorresources.com. A total of 96,855,431 common shares, representing approximately 47.78% of the Company's outstanding common shares, were voted in person and by proxy at the meeting.

Shareholders voted in favor of reappointing Davidson & Company LLP as auditors, setting the number of directors at six, approving the Company's rolling stock option plan, and approving the sale of the Corporation's 40% participating interest in the Evesham Macklin oil and gas lands in Saskatchewan to an arm's length party at a fair market value sale price of $4,800,000. The sale of these oil and gas assets was a strategic decision that removed $3,800,000 in debt from the company's books and provided $1,000,000 in net proceeds. The original announcement of this transaction was detailed in the release ANGKOR RESOURCES SIGNS LETTER OF INTENT TO SELL EVESHAM OIL PRODUCTION - Angkor Resources Corp. Because this constituted a fundamental transaction, shareholder approval was required at the AGM, with over 99% of voters favoring the transaction.

The company stated that this asset sale allows it to redirect resources toward its Cambodian onshore Block VIII Project for potential growth. CEO Delayne Weeks commented on behalf of the company, thanking shareholders for their participation and continuing support while welcoming Dr. Johnson to the board. Dr. David Johnson brings extensive experience as a geoscientist with more than 40 years in global, Canadian Frontier, and Western Canadian exploration and production covering petroleum, natural gas, and helium. His career includes progressive responsibility positions at major energy companies such as Shell, Exxon Production Research, ExxonMobil Exploration, Husky Energy, the Kuwait Oil Company, and KUFPEC.

Dr. Johnson's executive, business development, operations, geoscience research, and technical exploration and production experience spans more than 40 petroleum jurisdictions across Europe, Africa, Asia, and the Americas. He has led bid-round acquisitions of more than 20 Production Sharing Agreements and exploration licenses and made significant discoveries in the South China Sea, the Canadian Frontiers, and Western Canada. Dr. Johnson holds a BSc in Geology from the University of Calgary and a PhD in Geological Oceanography from Dalhousie University. His appointment follows the retirement of long-time directors Steve Cochrane and Scott Smith, whose contributions and outstanding service to the company were acknowledged with expressions of ongoing support for Angkor's success.

The company's strategic shift toward its Cambodian operations is significant as it focuses on mineral and energy solutions in the region. Its mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia with multiple copper and gold prospects, both in their first two-year renewal term. Its energy subsidiary, EnerCam Resources, holds an onshore oil and gas license covering over 4095 square kilometers in Block VIII in southwestern Cambodia, where it is actively advancing exploration activities after completing seismic work in 2025, aiming to identify drill targets for Cambodia's first onshore oil and gas exploratory wells.