Kelso Technologies Inc.: Private Placement Closes in the Amount of $1,000,000

Kelso Technologies Inc. (TSX VENTURE:KLS) -

The Company is pleased to report that it has closed its non-brokered private
placement previously announced on July 11, 2011 in the amount of $1,000,000.


The Company issued 2,000,000 units of the Company at a price of $0.50 per unit.
Each unit consists of one common share and one-half of one share purchase
warrant. One whole warrant will entitle the holder to purchase one additional
common share of the Company exercisable at a price of $0.70 until July 25, 2013.
All the securities issued in connection with this private placement are subject
to a four-month hold period expiring November 26, 2011. The Company paid 8%
finder's fees in accordance with TSX Venture Exchange policies and guidelines in
connection with the private placement.


Proceeds from the private placement have been allocated to build production
capacity for its new "Klincher(TM)" Manway Securement System ("MSS") in Bonham,
Texas; listing the Company on the OTCQX exchange in the United States and
general working capital.


The Company also announces that it has granted an aggregate 420,000 stock
options to directors, officers and employees of the Company. Each option is
exercisable at $0.58 per common share and is exercisable at any time until July
22, 2016. The options vest immediately.


About Kelso Technologies 

Kelso is dedicated to becoming the dominant leader in the design and supply of
new innovative technologies aimed at the safe containment of hazardous materials
in transportation systems with the primary goal of generating above average
benefits for the environment, society, customers, industry work forces and our
stakeholders worldwide.


The Company designs, engineers, markets, sells, produces and distributes a
series of industrial products based on our patented technologies including
constant force pressure relief valves and a new unique MSS that are designed to
reduce the risk of environmental harm due to non-accidental events in the
transportation of hazardous commodities via railroad tank cars in North America.


Kelso is focused on the full scale commercial marketing and distribution of its
proprietary technologies. With the economic recovery in North America, the
enforcement of US and Canadian environmental regulations for shippers of
chemical commodities and the adverse effects of wear and tear on existing
railroad fleets management expects that the railroad industry will rebound
significantly. Management is confident that its corporate reorganization in 2010
laid the foundation from which to pursue a meaningful revenue stream from a
market made up of over 700 new tank-car builders, major chemical shippers,
repair shops and retrofitters. The Company will update, by way of news releases,
progress reports in the future. 


For a more complete business and financial profile of the Company, management
encourages interested parties to view the Company's website at www.kelsotech.com
and public documents posted on www.sedar.com.


On behalf of the Board of Directors

James R. Bond, CEO and President

Legal Notice Regarding Forward Looking Statements: This news release contains
"forward-looking statements" within the meaning of applicable Canadian
securities legislation. Forward-looking statements are indicated expectations or
intentions. Forward-looking statements in this news release include that we will
use proceeds to build facilities, listing the Company on the OTCQX exchange in
the United States and general working capital; that the railroad market will
rebound significantly and that a market of over 700 potential customers exists.
The Company's products involve detailed proprietary and engineering knowledge
and specific customer adoption criteria, hence factors that could cause actual
results to be materially different include that we may be unsuccessful in
raising any additional capital needs that may arise; we may not have sufficient
capital to develop, produce and deliver new orders; orders that are placed may
be cancelled; product may not perform as well as expected; markets may not
develop as quickly as anticipated or at all; or that the productive capacity of
Kelso may not be large enough to handle market demand. Further, we are reliant
on certain key employees who may leave the Company and we may be unable to
protect or defend our intellectual property. Lastly, investors who have agreed
to participate in our proposed private placement may decide not to do so, and we
may be unable to complete all or any part of the expected financing. Investors
are cautioned against placing undue reliance on forward-looking statements. We
assume no responsibility to update these forward looking statements except to
the extent required by law.
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