Alaska Hydro Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

Alaska Hydro Corporation is a Canada-based development-stage company. The Company is engaged in the development of renewable energy projects focused primarily on hydroelectric power generation for resource development in northern climates. The Company is working to develop the More Creek Hydroelectric Project, which is located approximately 130 kilometer north of the town of Stewart in northwestern British Columbia. The Project stores water at the head of the More Creek canyon using an 84-meter-high roller compacted concrete dam to create a water storage reservoir. The size of the water storage reservoirs approximately 3000 hectors at full operating level with a live storage (useable) volume of approximately 870 million cubic meters. The Company's More Creek Hydroelectric Project generates approximately 306 gigawatt hours of energy annually.