Buffalo Gold Corp (fka BFG.U)

[silver100]

Press Release Source: Buffalo Gold Ltd.


Buffalo Gold Acquires Position in Kinbauri Gold
Tuesday July 3, 8:38 pm ET


VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 3, 2007 -- Buffalo Gold Ltd. (CDNX:BUF-U.V - News)(OTC BB:BYBUF.OB - News)(Frankfurt:B4K.F - News) is pleased to report, pursuant to Section 111 of the Securities Act (British Columbia) and Section 141 of the Securities Act (Alberta) with respect to Kinbauri Gold Corp. ("Kinbauri"), that pursuant to a private placement transaction completed on June 29, 2007, (the "Private Placement"), Buffalo acquired 11,000,000 Common Shares ("Common Shares") and 5,500,000 Share Purchase Warrants ("Warrants") of Kinbauri at a price of $0.50 per unit for an aggregate consideration of $5,500,000.
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The Common Shares represent approximately 25.4% of the issued and outstanding shares of Kinbauri. Taking into account the exercise of the Warrants, Buffalo would own 33.8% of the issued and outstanding common shares of Kinbauri on a partially diluted basis. Prior to the closing of the Private Placement, Buffalo did not hold any common shares in the capital of Kinbauri.

Buffalo acquired these securities for investment purposes only. Depending on economic or market conditions or matters relating to Kinbauri, Buffalo may choose to either acquire additional securities or dispose of securities of Kinbauri subject to applicable notices being filed.

To find out more about Buffalo Gold Ltd. (CDNX:BUF-U.V - News), please visit the company website at www.buffalogold.ca.

On behalf of the Board of Directors of BUFFALO GOLD LTD.

Brian McEwen, President



The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this press release.



Contact:
Contacts:
Buffalo Gold Ltd.
Julie Hajduk
Investor Relations
[phone] or Toll Tree: 1-888-685-5492
[phone] (FAX)
Email: [e-mail]
Website: http://www.buffalogold.ca



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Source: Buffalo Gold Ltd.