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Kalimantan Gold Corp To Raise GBP0.3M In Private Placing

LONDON -(Dow Jones)- London and Canada-listed gold miner Kalimantan Gold Corp. Ltd. (KLG.V) said Tuesday it expects to raise GBP300,000 in a private share placing after investors committed to take up 6,000,000 shares at a price of 5 pence a share. It expects the money to fund its ongoing programs in Indonesia. It noted that the proceeds of the placement, combined with the funds on hand, provides Kalimantan with sufficient working capital to fund operations for 2012 and beyond. Kalimantan has two exploration projects in the Kalimantan region of Indonesia; the Jelai epithermal gold project in East Kalimantan--optioned to Tigers Realm Metals; and the KSK Contract of Work in Central Kalimantan with multiple copper and gold prospects--optioned to a subsidiary of Freeport-McMoRan Exploration Corp. In London, shares closed Friday at 5.0 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269;

Stock News for Freeport Mcmoran (FCX)
09/30/201510:36:00Basic Materials Sector Stocks Under Scan - Alcoa, Petroleo Brasileiro...
09/30/201510:30:00Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock
09/28/201516:43:01Current Report Filing (8-k)
09/28/201508:00:00Freeport-McMoRan Announces Positive Drilling Results at the Horn...
09/23/201508:02:24Amended Statement of Beneficial Ownership (sc 13d/a)
09/23/201508:01:00Pre-market Insights on Basic Materials Sector -- Freeport-McMoRan...
09/22/201515:25:00Global Mining Stocks Plunge on Fed, China Demand Fears
09/21/201509:24:00Technical Coverage on the Basic Materials Sector -- Freeport-McMoran...
09/18/201517:17:18Amended Statement of Beneficial Ownership (sc 13d/a)
09/18/201509:44:00U.S. Hot Stocks: Hot Stocks to Watch
09/18/201509:10:00Freeport-McMoRan Sells $1 Billion in Shares
09/18/201509:01:00Freeport-McMoRan Sells $1 Billion in Shares
09/18/201507:44:04Current Report Filing (8-k)
09/18/201507:41:34Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
09/18/201507:39:00Freeport-McMoRan Completes $1 Billion at-the-Market Equity Offering...
09/18/201507:37:18Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
09/18/201507:35:03Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/14/201509:05:00Financial Results Review - Report on The Freeport-McMoRan
09/08/201517:43:22Statement of Changes in Beneficial Ownership (4)
08/31/201517:23:58Statement of Changes in Beneficial Ownership (4)

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