Kolar Gold Limited - Directorate Change

30 September 2016

Kolar Gold Limited

("Kolar Gold", "Kolar" or the "Company")

Director Change


Kolar Gold Limited (LON: KGLD), the AIM-quoted India gold exploration and mine development company, announces that following the completion of its fundraising in July this year and your appointment of a new executive management team, Harvinder Hungin, Chairman, is stepping down from the Board and leaving the Company with immediate effect to pursue other interests.  Kolar Gold intends to appoint a new Chairman over the coming months in line with progress of its strategic plan.


The Company thanks Harvinder, who has been Non-Executive Chairman of the Company since its listing on AIM in June 2011, for his time and effort during his tenure and wish him well in his future endeavours.


For further information, please visit or contact:



Kolar Gold Limited

Cameron Parry (Chief Executive Officer)

Luke Cairns (Executive Director)


Tel: +44 (0) 207 397 2880


WH Ireland Limited (Nominated Adviser)

Tim Feather


Tel: +44 (0) 113 394 6600


Smaller Company Capital Limited (Broker)

Rupert Williams / Jeremy Woodgate


Tel: +44 (0) 203 651 2911


Tavistock (Financial PR)

Tel: +44 (0) 207 920 3150

Emily Fenton