Kalimantan Gold Reports CEO Buys Shares
June 17 2011 - 1:00AM
Marketwired
Kalimantan Gold Corporation Limited (the "Company") (TSX VENTURE:
KLG)(AIM: KLG) wishes to advise that Faldi Ismail, the Deputy
Chairman and Chief Executive Officer and a director of the Company,
has bought 1,000,000 shares of the Company through the TSX Venture
Exchange at a price of CDN$0.09 per share. Following this purchase,
Mr Ismail now holds a total of 4,430,000 shares (2.7% of issued and
outstanding) and 1,870,000 stock options in the Company.
About Kalimantan Gold
Kalimantan Gold Corporation Limited is a junior exploration
company listed on both the TSX Venture Exchange in Canada and on
AIM in London. The Company has two exploration projects in
Kalimantan: the Jelai epithermal gold project in East Kalimantan
(which has been optioned to Tigers Realm Minerals) and the KSK
Contract of Work in Central Kalimantan with multiple porphyry
copper and gold prospects (which has been optioned to
Freeport).
RFC Corporate Finance Ltd acts as KLG's Nominated Adviser for
the purposes of its AIM listing, contact Stuart Laing, ph: +618
9480 2506 or email: stuartl@rfc.com.au.
Neither the 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.
Contacts: Kalimantan Gold Corporation Limited Faldi Ismail
Deputy Chairman and CEO Mobile: +61 (0) 423 206 324
faldi.ismail@kalimantan.com Kalimantan Gold Corporation Limited
Gerald Cheyne Director Corporate Development +44 (0) 2077311806 or
Mobile: +44 (0) 7717473168 gerald.cheyne@kalimantan.com
www.kalimantan.com Alexander David Securities Limited Bill Sharp/
David Scott +44 (0) 20 7448 9820
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