KGH Pangolin Diamonds Corporation

Key Gold Holding Inc. (the "Company")(TSX VENTURE:KGH) hereby announces that it
closed a $25,000 private placement, pursuant to which 500,000 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 May 7, 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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