Kinetiko Energy Ltd. announced that on 17 January 2020 the CEO of the Petroleum Agency of SA ("PASA") in Cape Town, South Africa executed deeds with Afro Energy (Pty) Ltd. ("Afro"), (Kinetiko owns 49%), renewing Amersfoort project exploration rights ER38 and ER56 and granted new exploration rights ER270, ER271 and ER272. The Department of Mineral Resources (DMR) has renewed the key Amersfoort Exploration Rights ER56 and ER38, the most advanced tenements where the majority of approximately $10.3 million in development funds on the Amersfoort project have been spent to date. It is also where comprehensive gas flow testing has been conducted and plans to develop a pilot gas production field are advanced. Afro has previously been granted a Bulk Sampling Agreement by the Minister of Mineral Resources and has commenced the process to have the production rights renewed as the development of the Amersfoort project continues. The granting of 3 further exploration rights for prospective geological settings in land adjacent to and contiguous with the Amersfoort project represents a substantial increase to Afro's existing exploration portfolio to a total of 4,604kms2 representing a 378% expansion. The tenements are favourably located approximately 150kms from South Africa's largest city Johannesburg and in the heart of the countries existing gas and power transmission infrastructure. Kinetiko has made application to the ASX to have its securities reinstated to trading and awaits its' formal response. The Company has worked with Badimo to complete the outstanding financial statements of Afro for 2016, 2017, 2018 and 2019 that were impeding the Kinetiko audits.