Kalimantan Gold Corporation Limited Annual and Special Meeting

VANCOUVER, BRITISH COLUMBIA -- (Marketwire - April 4, 2012) - Kalimantan Gold Corporation Limited (TSX VENTURE:KLG) (AIM:KLG) (the "Company") is pleased to advise that the notice of meeting and management information circular for its annual and special meeting to be held on May 1, 2012, at 9:00 a.m. at the offices of the Company's counsel at Suite 3350, 1055 Dunsmuir Street, Vancouver, BC has been sent to shareholders of record as at March 27, 2012, and is available on the Company's website at www.kalimantan.com and on the Company's profile at www.sedar.com. The following resolutions are being put before the meeting:

1. To receive the audited consolidated financial statements of the Company for the fiscal year ended December 31, 2011, together with the report of the Auditors thereon;

2. To elect Directors for the ensuing year;

3. To re-appoint Ernst & Young LLP, Chartered Accountants, as auditors and to authorize the Directors to fix their remuneration;

4. to consider and, if thought fit, to approve a resolution in the form presented in the Management Information Circular accompanying this Notice, renewing the 10% rolling amount incentive stock option plan for directors, officers, employees, consultants and other personnel of the Company and its subsidiaries;

5. to consider and, if thought fit, to approve a resolution in the form presented in the Management Information Circular accompanying this Notice, adopting the Company's revised Bye-Laws; and

6. to consider and, if thought fit, to approve a resolution in the form presented in the Management Information Circular accompanying this Notice, ratifying and approving alteration of the Company's Memorandum of Association.


About Kalimantan Gold

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: the Jelai epithermal gold project in East Kalimantan (which is optioned to Tigers Realm Minerals) and the KSK Contract of Work in Central Kalimantan with multiple porphyry copper and gold prospects (which is optioned to a wholly owned subsidiary of Freeport-McMoRan Exploration Corporation). 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.



Contact Information

Kalimantan Gold
Faldi Ismail
Deputy Chairman and CEO
Mobile: +61 (0) 423 206 324
faldi.ismail@kalimantan.com

Kalimantan Gold
Gerald Cheyne
Director Corporate Development
+44 (0) 2077311806 or Mobile: +44 (0) 7717473168
gerald.cheyne@kalimantan.com
www.kalimantan.com

Alexander David Securities Limited
Bill Sharp/David Scott
+44 (0) 20 7448 9820

KLG's Nominated Adviser
RFC Corporate Finance Ltd
Stuart Laing
+61 8 9480 2506
stuartl@rfc.com.au