KAL Vitality, Inc. Raises $3,523,000

KAL Vitality, Inc. (OTCBB: KALG) is overjoyed to bid that the acquisition of Thatcher Mining Pte Ltd. “Thatcher,” has closed. The corporate will anxiety 32,000,000 restricted shares for 100% of “Thatcher” which has the rights to two gargantuan coal properties located come the Mahakam River in North Eastern Kalimantan, Indonesia.

The corporate has also finished a non-public placement and has obtained a total of $3,523,000 USD and will anxiety 17,615,000 restricted shares to the non-public placement investors. These funds are for working capital and for work programs deliberate on its coal properties.

“KALG” to this level has evolved to “Thatcher” $190,000 for property payments and an extra $425,000 as deposits on the initial work programs.

On Behalf of the Board of Directors,

KAL Vitality Inc.
Strato Malamas-Director
(604) 961-8878