Kelt Exploration Ltd. - 2014-03-05

Upsized brokered financing. Revised agreement had syndicate of underwriters led by Peters & Co. Ltd. Underwriters will purchase 8.5 million common shares for resale to public on bought deal private placement basis and at $11.60 each. Will also sell to public 1.53 million common shares on flow-through at $12.75 each. Option granted to purchase 1.275 million shares at $11.60.