Option-related selling at Kelt Exploration (KEL)

Option-related selling at Kelt Exploration (T:KEL)

Alan G. Franks, a Senior Officer, exercised Options and disposed of 180,000 Common Shares on a direct ownership basis at prices ranging from $7.320 to $7.530 between January 10th, 2018 and January 11th, 2018. This represents a $1,329,900 divestment of the company's shares and an account share holdings change of -96.2%.

Douglas Owen MacArthur, a Senior Officer, also exercised Options and disposed of 75,000 Common Shares on a direct ownership basis at a price of $7.516 on January 11th, 2018. This represents a $563,670 divestment of the company's shares and an account share holdings change of -9.6%.

Kelt Exploration is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Kelt Exploration Ltd. is an oil and gas company based in Calgary, Alberta. The Company is focused on the exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia. The Company's land holdings are located in Inga/Fireweed/Stoddart, British Columbia; Grande Prairie (including Pouce Coupe, Progress, Spirit River and La Glace), Alberta; Karr, Alberta, and Grande Cache, Alberta. The Company holds interests in approximately 136,000 gross acres in Greater Grande Cache area, which is located approximately 30 kilometers north of Grande Cache, Alberta. It also has interests in over 89,760 gross acres in Karr area. The Company has interests in over 394,190 acres in Grande Prairie area. It holds interests in over 88,120 gross acres in Inga area. The Company holds interests in over 50,550 acres in Fireweed area. The Company also has interests in approximately 53,040 gross acres in Stoddart area.