LION Lionsgold

TIDMKGLD

RNS Number : 4130L

Kolar Gold Limited

30 September 2016

Kolar Gold Limited

("Kolar Gold", "Kolar" or the "Company")

Director Change

Kolar Gold Limited (LON: KGLD), the AIM-quoted India gold exploration and mine development company, announces that following the completion of its fundraising in July this year and the appointment of a new executive management team, Harvinder Hungin, Chairman, is stepping down from the Board and leaving the Company with immediate effect to pursue other interests. Kolar Gold intends to appoint a new Chairman over the coming months in line with progress of its strategic plan.

The Company thanks Harvinder, who has been Non-Executive Chairman of the Company since its listing on AIM in June 2011, for his time and effort during his tenure and wish him well in his future endeavours.

For further information, please visit www.kolar-gold.com or contact:

 
Kolar Gold Limited                        Tel: +44 (0) 207 397 2880 
 Cameron Parry (Chief Executive Officer) 
 Luke Cairns (Executive Director) 
WH Ireland Limited (Nominated Adviser)    Tel: +44 (0) 113 394 6600 
 Tim Feather 
Smaller Company Capital Limited (Broker)  Tel: +44 (0) 203 651 2911 
 Rupert Williams / Jeremy Woodgate 
Tavistock (Financial PR)                  Tel: +44 (0) 207 920 3150 
 

Emily Fenton

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 30, 2016 12:10 ET (16:10 GMT)

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