Kelt Exploration Ltd. — Declaration of Voting Results & Voting Rights Announcements 2021

Apr 22, 2021

KELT EXPLORATION LTD.

Report On Voting Results Pursuant To Section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations

Kelt Exploration Ltd. (the “ Company ”) is pleased to announce that all matters presented for approval at the Annual Meeting of Shareholders held on April 21, 2021 have been fully authorized and approved. A brief description of the matters voted upon and the outcome of the votes is set forth below.

1. Fixing the Number of Directors to be Elected at the Meeting

The ordinary resolution to approve fixing the number of directors to be elected at the meeting at six (6) was approved at the meeting by way of a ballot, as follows:

Votes For%101,368,94999.99	Votes Against%7,5830.01

2. Election of Directors

All of the nominees proposed as directors of the Company were duly elected as directors of the Company with votes cast by the shareholders present in person or represented by proxy at the meeting by way of a ballot, as follows:

Robert J. DalesGeraldine L.GreenallWilliam C. GuinanMichael R. SheaNeil G. SinclairDavid J. Wilson	Outcome of theVoteVotes For%Withheld%Elected101,126,29199.75250,2410.25Elected100,327,54598.971,048,9871.03Elected101,098,89899.73277,6340.27Elected94,051,94692.777,324,5867.23Elected101,126,29199.75250,2410.25Elected101,365,80299.9910,7300.97

3. Appointment of Auditor

An ordinary resolution to approve the appointment of PricewaterhouseCoopers LLP, as the auditors of the Company, was approved at the meeting by way of a ballot, as follows:

Votes For%101,516,88499.03	Withheld%997,2340.97