KALLISTO ANNOUNCES Q1 2011 FILINGS

CALGARY, June 27, 2011 /CNW/ - Kallisto Energy Corp. (TSX Venture: KEC) ("Kallisto" or the "Company") is pleased to announce its has filed its Q1 2011 Condensed Interim Consolidated Financial Statements for the three month period ended March 31, 2011 and the accompanying Management's Discussion and Analysis on SEDAR.

These documents are available for viewing under Kallisto's profile and 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.

SOURCE Kallisto Energy Corp.

For further information:

Robyn Lore
President and Chief Executive Officer
Telephone: (403) 237-9996

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Kallisto Energy Corp.

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