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Kelt Exploration Ltd : Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2020

Kelt Exploration Ltd.: Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2020 41,961 3,288 26,018 24,470 Basic Financial Statements Kelt s audited annual consolidated annual financial statements and related notes for the year ended December 31, 2020 will be available to the public on SEDAR at www.sedar.com and will also be posted on the Company s website at www.keltexploration.com on March 11, 2021. Kelt s operating results for the fourth quarter and year ended December 31, 2020 are summarized as follows: OPERATIONAL HIGHLIGHTS Year ended December 31 2020 (1) (1) 27.69 (1) (2.51 (1) Message to Shareholders Kelt Exploration Ltd. ( Kelt or the Company ) reports its financial and operating results to shareholders for the fourth quarter and year ended December 31, 2020.

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