KGH Pangolin Diamonds Corporation

Key Gold Holding Inc.(TSX VENTURE:KGH) (the "Company") hereby announces that it
closed a $100,000 private placement, pursuant to which 2,000,000 common shares
of the Company were issued at a price of $0.05 per share. 


All the common shares issued pursuant to the private placements are subject to a
mandatory hold period ending April 20, 2012.


About Key Gold Holding Inc. 

Key Gold Holding Inc. is a mineral exploration company that is mainly focused on
the acquisition, exploration and development of gold and copper properties.

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