Kallisto Announces Filing of 2011 Annual Filings

CALGARY, March 21, 2012 /CNW/ - Kallisto Energy Corp. (TSX Venture: KEC) ("Kallisto" or the "Company") is pleased to announce its has filed its 2011 Audited Consolidated Financial Statements for the twelve month period ended December 31, 2011, the accompanying Management's Discussion and Analysis and its Reserves Data statement and reports (NI 51-101F1, 51-101F2 and 51-101F3) on SEDAR.

These documents are available for viewing under Kallisto's profile on SEDAR at www.sedar.com.

Kallisto is a Calgary-based junior resource company engaged in the exploration, development and production of oil and natural gas primarily in Alberta.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Robyn Lore
President and Chief Executive Officer
Telephone: [phone]