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Angkor Gold Announces Appointment of Terry Mereniuk as Interim CFO

GRANDE PRAIRIE, AB--(Marketwired - December 01, 2016) - ANGKOR GOLD CORP. (TSX VENTURE: ANK) (OTC PINK: ANKOF) ("Angkor" or "the Company") announced today the resignation of Mr. Aaron Triplett as Angkor's CFO to pursue other opportunities, and the appointment of Mr. Terry Mereniuk, B.Comm., CPA, CMC, as interim CFO.

Mr. Mereniuk is currently a director of Angkor. Mr. Mereniuk has been a Director and CFO of several public and private companies. Prior to that, he owned and operated his own accounting firm. Terry obtained a Bachelor of Commerce (with distinction) from the University of Alberta in 1981. He is a Certified Management Consultant since June 1988 and a Chartered Professional Accountant since December 1983.

The Company welcomes Mr. Mereniuk to his new role and extends its thanks to Mr. Triplett for his service. His contributions to the Company have been greatly appreciated.

ABOUT ANGKOR GOLD CORP.

ANGKOR Gold Corp. is a public company listed on the TSX-Venture Exchange and is Cambodia's premier mineral explorer with a large land package and a first-mover advantage building strong relationships with all levels of government and stakeholders.

ANGKOR'S six exploration licenses in the Kingdom of Cambodia cover 1,352 km2, which the company has been actively exploring over the past 6 years. The company has now covered all tenements with stream sediment geochemical sampling and has flown low level aeromagnetic surveys over most of the ground. Angkor has diamond drilled 21,855 metres in 190 holes, augured 2,643 metres over 728 holes, collected over 165,000 termite mound samples and 'B' and 'C' zone soil samples in over 20 centres of interest over a combined area of more than 140km2, in addition to numerous trenches, IP surveys and detailed geological field mapping. Exploration on all tenements is ongoing.

Website at: http://www.angkorgold.ca or follow us @AngkorGold for all the latest updates.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain of the statements made and information contained herein may constitute "forward-looking information". In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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