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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 15.0K
KLG On Other Exchanges
As of 4:15 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

kalimantan gold corp ltd (KLG) Snapshot

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09/29/14 - C$0.10
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kalimantan gold corp ltd (KLG) Details

Kalimantan Gold Corporation Limited is engaged in the acquisition, exploration, and development of mineral properties in Kalimantan, Indonesia. It has interest in the KSK Contract of Work porphyry copper prospect located in central Kalimantan; and an Izin Usaha Pertambangan for the Jelai gold project in east Kalimantan. The company is based in White Rock, Canada.

kalimantan gold corp ltd (KLG) Top Compensated Officers

Vice President of Indonesia
Total Annual Compensation: C$179.2K
Compensation as of Fiscal Year 2013.

kalimantan gold corp ltd (KLG) Key Developments

Kalimantan Gold Corporation Limited Announces Management Changes

Kalimantan Gold Corporation Limited announced that with effect on January 12, 2015, the Board of Directors welcomed Tony Manini as a director of the company and as deputy chairman and chief executive officer in place of Faldi Ismail who will stay on as a director of the company. Doris Meyer resigned as a director on January 12, 2015 to create the vacancy for Mr. Manini and will stay on as Corporate Secretary. Mansur Geiger will assume his new role as Vice President Indonesia and Stephen Hughes, currently a director of the company, will assume his new role as Vice President Exploration. The directors of the Company are now Peter Pollard, Chairman, Tony Manini, Deputy Chairman and CEO, Faldi Ismail, Stephen Hughes and Raynard von Hahn.

Kalimantan Gold Corporation Limited Reports Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2014

Kalimantan Gold Corporation Limited reported unaudited consolidated earnings results for the nine months ended September 30, 2014. The company incurred a comprehensive loss for the nine months ended September 30, 2014, of $493,900 compared to ­$131,579 reported in the same period last year. Operating activities used in cash of $359,075.

Kalimantan Gold Corporation Limited Announces Management Changes

Kalimantan Gold Corporation Limited announced that it has signed a non-binding letter of intent with Tigers Realm Copper Pty Ltd. to purchase Tigers' interest in the Beutong copper-gold project, Sumatra, Indonesia. The consideration for this acquisition will be the issue of 171,407,156 KLG common shares and 14,675,000 KLG share purchase warrants. On closing the acquisition, current TRM Parent director Tony Manini will be appointed as the Deputy Chairman and Chief Executive Officer of KLG in place of Faldi Ismail who will remain as a director of KLG. Current director of KLG Stephen Hughes will become the VP Exploration and Mansur Geiger will become VP Indonesia for KLG. Tony Manini has over 28 years industry experience including 14 years with Rio Tinto and 9 years at Oxiana/OZ Minerals where he was a founding member and senior executive. Tony is a founding member of the Tigers Realm Group, a co-founder of EMR Capital and executive chairman of Tigers Realm Coal. He has a significant exploration discovery record and a long and successful operating background in Asia.


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