SEXSMITH, Alberta, Feb. 06, 2018 (GLOBE NEWSWIRE) — ANGKOR GOLD CORP. (TSXV:ANK) (OTC:ANKOF) (“Angkor” or “the Company”) Board of Directors announces new appointments within management..
Effective immediately, the Board has appointed Mr. Stephen Burega as CEO and Mr. JP Dau as President of Angkor Gold. Mr. Mike Weeks, who previously held both positions will continue as Executive Chairman of the Board of Angkor.
“I am very pleased to announce these appointments within the executive team of Angkor,” said Mike Weeks. “I have always been successful in the past by promoting from within, and continue this with Stephen Burega and JP Dau. The combination of their experience with Angkor, their energy, and their alignment with a common vision will provide the Company with exceptional leadership towards a great future.”
Mr. Burega has served as Vice President – Corporate Development of Angkor for the past three years. Building on his involvement in the launch and management of a number of natural resource companies, and his previous work in the finance, communications, and government relations arenas over the past 20 years, Mr. Burega is well qualified for his new role with the Company. As CEO, Mr. Burega will be responsible for corporate and Canadian operations and overall direction, strategic partnerships and deals, investor relations, financings and the public markets.
Mr. John Paul Dau has been appointed President of Angkor. He previously served as the Company’s Vice President – Operations and was part of the original team that founded Angkor Gold. For the past eight years, Mr. Dau has been involved in areas of strategic significance to the Company including advancement and on-the-ground execution of Angkor’s strategic partnerships and earn-in agreements and general oversight of all exploration operations and supporting team. Based in Phnom Penh, Cambodia, Mr. Dau brings over 20 years’ experience managing various projects in the mining sector and land development business to his new role, including 5 years of working in the venture capital business with both private and publicly traded companies. As President, Mr. Dau will oversee Angkor’s operations and exploration programs in Cambodia and will continue to be a leading voice on strategic partnerships and deals, financings and overall corporate strategy.
“I am pleased that Mike Weeks will continue to provide Angkor’s new leadership team with ongoing guidance and advice moving forward,” said new CEO Stephen Burega, “and assist in strategic partnerships and deals, and government and community relations in Cambodia. As a founder of Angkor Gold, Mike has been focused on building Angkor into a successful and respected business over the past nine years in Cambodia including over USD $20 million in deals and funding, and attracting world class partners to many of our five exploration licenses covering almost 1000 square kilometres.”
The Board is also pleased to announce Delayne Weeks will continue as the Company’s VP – Corporate Social Responsibility and Stephen Lautens will continue as Angkor’s VP – Corporate Affairs and General Counsel. Mr. Lautens will work closely with new CEO Stephen Burega and the Angkor team in bringing the Angkor story to new investors and new markets.
More extensive management biographies are available on the Angkor website, www.angkorgold.ca.
The Company would also like to announce the grant of an additional 3,385,000 incentive stock options to Directors, officers and consultants of the Company. The option grants are issued pursuant to the Company’s Stock Option Plan and are exercisable at an exercise price of $0.25. The above options are for a five year term from the date of the grant and are subject to the approval of the TSX Venture Exchange.
ANGKOR Gold Corp. is a Canadian public company listed on the TSX-Venture Exchange (Symbol: ANK) 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. Visit our website at: http://www.angkorgold.ca or follow us on Twitter @AngkorGold for all the latest updates.
On behalf of the Board,
Executive Chairman, Angkor Gold Corp.
FOR FURTHER INFORMATION PLEASE CONTACT:
ANGKOR GOLD CORP.
Stephen Burega, CEO
Telephone: (647) 515-3734
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.