KAL Energy, Inc (OTCBB:KALG) held its Annual General Meeting in Singapore with shareholders voting to reappoint the current company auditors for FY2008. Announced at the AGM, were two future investor events – an Investor Conference Call to be held at the start of July, and an additional AGM in the second half of October 2008.
Mr. Bloking, executive chairman of KAL Energy, stated “We look forward to our first Investor Conference Call in July, and we hope investors will take the opportunity to hear from the KAL team on our progress and plans going forward. As part of our efforts to improve investor communications, we anticipate this to be a quarterly event providing a forum for two way communications with our broad investor base.”
The Investor Conference call will be held at two times, to enable investors from various regions to participate.
Session 1: Will be held on July-1/July-2:
Singapore 9AM (July-2), London 2AM (July-2), East US Coast 9PM (July-1), West US Coast 6PM (July-1)
Session 2: Will be held on July-2:
Singapore 9PM, London 2PM, East US Coast 9AM, West US Coast 6AM
Conference call details will shortly be published on the KAL Energy website, in the Investor Relations section (http://www.kalenergyinc.com/pages/investor-relations).
For more information on KAL Energy, Inc. please visit our web site at www.kalenergyinc.com
KAL Energy, Inc. has rights to two coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. This river is a key transportation system for delivering coal to domestic and international markets. One of the concessions has a JORC Compliant Inferred Resource of 204 Million tonnes of thermal coal. With numerous other coal mines in East Kalimantan, including the world's largest thermal coal exporter Kaltim Prima Coal (KPC), KAL Energy's concessions are in a region that is known for its extensive open pit thermal coal producing mines and environmentally friendlier coal product. Indonesia has recently surpassed Australia as the world's leading thermal coal exporter.
Notice Regarding Forward-Looking Statements
This news release contains statements regarding our expectations, beliefs or views about our future financial performance, which constitute "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," or future or conditional verbs such as "will," "would," "should," "could," or "may." Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Certain factors could cause actual results and conditions to differ materially from those projected in these forward looking statements. These factors are identified from time to time in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update such statements to reflect subsequent events.
Contacts:
Mr. William Bloking, +65 6333 7234
Executive
Chairman
Fax: +65 6333 7235
www.kalenergyinc.com
