Mr. Pat Carlson reports

KIWETINOHK ANNOUNCES FORMAL BUSINESS STRATEGY REVIEW

Kiwetinohk Energy Corp. has launched a formal business strategy review to evaluate a range of potential value-enhancing opportunities, with a focus on the company's upstream assets and an orderly exit from its power business.

There can be no assurance that this process will result in any transaction or other strategic outcome. Kiwetinohk does not intend to disclose further developments unless and until its board of directors has approved a specific course of action.

Advisers

National Bank Financial Inc. and RBC Capital Markets have been engaged to support the company in completing a business strategy review.

About Kiwetinohk Energy Corp.

Kiwetinohk produces natural gas, natural gas liquids, oil and condensate, and is a developer of renewable and natural gas power projects, and early-stage carbon capture and storage opportunities, in Alberta.

We seek Safe Harbor.