CALGARY,
AB, March 22, 2023 /CNW/ - Kiwetinohk Energy
Corp. (TSX: KEC) today announced the departure of John Maniawski, President of the Green Energy
division effective immediately.
"On behalf of the Board of Directors and our staff, I would like
to thank John for his contributions to Kiwetinohk," said CEO
Pat Carlson. "John led the power
team to advance seven projects to various degrees through the
Alberta power project approval
process."
Kiwetinohk continues to execute on its Green Energy development
plan with a power portfolio consisting of approximately 2,150 MW of
solar renewable and low-carbon natural gas-fired projects.
"We continue to generate strong cash flow from our upstream
business and to advance financing discussions with potential
project development partners for our Homestead and Opal power
projects," said Carlson. "Our focus is on continuing to deliver
2023 upstream production guidance safely, reliably and profitably
while advancing our position as a growth leader in Alberta's green energy and carbon management
industries."
Kiwetinohk will announce new leadership of its Green Energy team
in due course.
About Kiwetinohk
We, at Kiwetinohk, are passionate about addressing climate
change and the future of energy. Kiwetinohk's mission is to build a
profitable energy transition business providing clean, reliable,
dispatchable, affordable energy. Kiwetinohk develops and produces
natural gas and related products and is in the process of
developing renewable power, natural gas-fired power, carbon capture
and hydrogen clean energy projects. We view climate change with a
sense of urgency, and we want to make a difference. Kiwetinohk's
common shares trade on the Toronto Stock Exchange under the symbol
KEC. Additional details are available within the year-end documents
available on Kiwetinohk's website at www.kiwetinohk.com and SEDAR
at www.sedar.com.
Forward looking information
Certain information set forth in this news release contains
forward-looking information and statements including, without
limitation, management's business strategy, management's assessment
of future plans and operations. Such forward-looking statements or
information are provided for the purpose of providing information
about management's current expectations and plans relating to the
future. Forward-looking statements or information typically contain
statements with words such as "anticipate", "believe", "expect",
"plan", "intend", "estimate", "project", "potential", "may", "will"
or similar words suggesting future outcomes or statements regarding
future performance and outlook. Readers are cautioned that
assumptions used in the preparation of such information may prove
to be incorrect. Events or circumstances may cause actual results
to differ materially from those predicted as a result of numerous
known and unknown risks, uncertainties and other factors, many of
which are beyond the control of the Company.
For more information, please contact:
Mark Friesen, Director, Investor
Relations
(587) 392-4395
IR@kiwetinohk.com
Kiwetinohk Energy Corp.
Suite 1500, 250 - 2 Street S.W.
Calgary, Alberta T2P 0C1
Pat Carlson, CEO
Jakub Brogowski, CFO
SOURCE Kiwetinohk Energy