Transaction in Own Shares

VANCOUVER, British Columbia--()--

TSX Venture Exchange

and AIM

Symbol: “KLG”

Kalimantan Director’s Share Purchase

Kalimantan Gold Corporation Limited (the “Company”) wishes to advise that Mr Faldi Ismail, a director of the Company, notified the Company today that on October 3, 2014, he purchased 100,000 shares of the Company, indirectly through Romfal Sifat Pty Ltd on market at a price of £0.0275 per share. Following this purchase, Mr Ismail now indirectly holds 5,116,000 common shares in the Company through Romfal Sifat Pty Ltd, and 90,000 common shares in the Company through his Australian superannuation fund representing a combined total of 5,206,000 common shares or 3.04%. In addition, Mr. Ismail holds a total of 2,300,000 stock options.

ON BEHALF OF THE BOARD OF DIRECTORS

Faldi Ismail, Deputy Chairman and CEO

For further information please contact:

-Ends-

Faldi Ismail

Deputy Chairman and CEO, Kalimantan Gold
Mobile: +61 (0) 423 206 324

Email: faldi.ismail@kalimantan.com

 

Gerald Cheyne

Director Corporate Development
Telephone: +44 (0) 2077311806
Mobile: +44 (0) 7717473168

Email: gerald.cheyne@kalimantan.com

 

VSA Capital Limited

Andrew Raca / Justin McKeegan
Telephone: +44 20 3005 5004 / +44 20 3005 5009

Email: araca@vsacapital.com

 

Kalimantan Gold's Nominated Adviser

RFC Ambrian Limited
Andrew Thomson / Trinity McIntyre
Telephone: +61 8 9480 2500

Email: andrew.thomson@rfcambrian.com / trinity.mcintyre@rfcambrian.com

 

About Kalimantan Gold Corporation Limited

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, Indonesia: the Jelai epithermal gold project in East Kalimantan and the KSK Contract of Work in Central Kalimantan with potential for multiple porphyry copper and gold prospects. For further information please visit www.kalimantan.com

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.

Short Name: Kalimantan
Category Code: POS
Sequence Number: 435617
Time of Receipt (offset from UTC): 20141003T171005+0100

Contacts

Kalimantan Gold Corporation Limited

Contacts

Kalimantan Gold Corporation Limited