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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; iain.packham@dowjones.com

Stock News for Freeport Mcmoran (FCX)
DateTimeHeadline
07/24/201517:31:33Miners Shed Thousands of Jobs as Commodities Prices Slide...
07/23/201516:33:23Current Report Filing (8-k)
07/23/201514:30:08Freeport-McMoRan Posts Loss, Hurt by Oil-and-Gas Properties
07/23/201509:30:07Freeport-McMoRan Posts Loss
07/23/201509:24:30Freeport-McMoRan Posts Loss, Hurt by Oil-and-Gas Properties
07/23/201508:00:00Freeport-McMoRan Reports Second-Quarter and Six-Month 2015 Results
07/14/201510:48:00Freeport-McMoRan Announces Organizational Changes
07/08/201508:03:02Freeport-McMoRan's New IPO: Smart Move or Selling Low?
07/02/201517:01:46Statement of Changes in Beneficial Ownership (4)
07/02/201517:01:46Statement of Changes in Beneficial Ownership (4)
07/02/201517:01:19Statement of Changes in Beneficial Ownership (4)
06/24/201517:01:00Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock
06/23/201518:50:33Freeport McMoRan Oil & Gas Inc. Files for IPO
06/23/201518:20:09Freeport McMoRan Oil & Gas Inc. Files for IPO
06/23/201518:15:08Freeport McMoRan Oil & Gas Inc. Files for IPO
06/23/201517:30:00Freeport-McMoRan Oil & Gas Inc. Files Registration Statement...
06/18/201514:00:093 Stocks to Watch in Copper
06/15/201514:00:24Confidential Treatment Order (ct Order)
06/12/201516:19:09Current Report Filing (8-k)
06/12/201516:10:56Amended Annual Report (10-k/a)

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