Kalimantan Gold Corporation Limited

Kalimantan Gold Corporation Limited

April 26, 2007 18:10 ET

Kalimantan Gold Corporation Limited: Options Granted

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) - Pursuant to the Kalimantan Gold Corporation Limited (TSX VENTURE:KLG)(AIM:KLG) shareholder approved Stock Option Plan, the Directors have today granted Incentive Stock Options to Directors, employees and consultants on 1,500,000 shares of the Company's capital stock, exercisable for up to five years at a price of $0.35 per share, which price is the last closing price of the Company's shares prior to the date of grant. The options granted will be subject to any applicable regulatory hold periods.

The TSX Venture Exchange does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Kalimantan Gold Corporation Limited
    Rahman Connelly
    Deputy Chairman and CEO
    +61 7 552 32298 or +61 418 116 955
    Email: rconnelly@ozemail.com.au
    Kalimantan Gold Corporation Limited
    Nick Cottam
    Corporate Relations Manager
    +44 (0) 1394 384115
    Website: www.kalimantan.com
    Keith, Bayley, Rodgers & Co Limited
    Gerald Cheyne
    +44 (0)20 78712274
    Email: gerald.cheyne@wcwb.co.uk