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*Toro Oil & Gas Ltd. 
Listed Company 

KALLISTO ENERGY CORP. ("KEC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 17, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 15, 2014 and closed October 1, 2014:

Number of Shares: 296,288,692 units ("Units")
Each Unit consists of one share and one share purchase warrant

444,444,299 common shares

Purchase Price: $0.03375 per Unit

Warrants: 296,288,692 share purchase warrants to purchase 296,288,692 shares

Warrant Exercise Price: $0.045 per share for up to 5 years from date of issuance

Number of Placees: 304 Placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares
Donald Sabo Y 5,927,699 shares
62,222,222 Units
Barry Olson Y 35,706,655 Units
Elizabeth More Y 2,962,962 shares
23,703,703 Units
Neil Wilson Y 23,703,703 Units
Greg Phaneuf Y 16,859,258 Units
Kellie D'Hondt Y 8,888,889 Units
Paul Storey Y 14,815,815 Units
James Mahoney Y 1,945,000 Units
Dean Bernhard Y 25,592,590 Units
Christopher Season Y 8,148,148 Units
Scott Cochlan Y 8,888,889 Units
Janarthanan Paskaran Y 2,962,962 shares

Finder's Fee: None
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