KALiNA Power Limited ("KALiNA" or the "Company") provided this regular monthly update on development of its 64MW Primary Site; the KALiNA Energy Centre - Saddle Hills ("Saddle Hills"), located in the County of Saddle Hills, Alberta, Canada. KPO's Canadian subsidiary, KALiNA Distributed Power Limited ("KDP") continues to complete key project development milestones to advance Saddle Hills to Full Notice to Proceed (FNTP) in Q4-2021. Crown Lease secured: KALiNA Energy Centre - Saddle Hills: KDP has secured a Crown Lease with the Government of Alberta for its Primary Site. Commercial Gas Supply Arrangements: Negotiations continue with multiple counterparties for long-term gas to power tolling agreements. KDP has also recently engaged in negotiations to secure lower cost gas that can reduce gas pricing volatility through a direct supply program. Engineering Procurement Fabrication& Construction: o Turnkey, fixed price contracting underway with no material issues identified. o Gas turbine: Constructability Review completed with no material issues identified. Formal definitive agreements underway with no material issues identified. o Kalina Cycle® module and balance of plant: Hazard & Operability Analysis: ("HAZOP") - no material issues identified. Preferred vendors on major equipment selected after competitive bidding. Permitting and Environmental: o Modest delay with no material issues identified. o Based on the final vendor selection of certain major equipment, KDP is required to update modifications to the plot plan and the filing of technical noise and air emissions studies for its final Alberta Utilities Commission ("AUC") Rule 007 regulatory application. The filing was anticipated by middle of June and is now expected in July. o KDP has also notified appropriate stakeholders regarding the project status in accordance with the AUC's Rule 007. No issues have been raised during the notice period. o The AUC Rule 007 approval is the final major approval required to construct and operate the facility. Electrical Interconnection: o On schedule, no material concerns identified .o ATCO and AESO are completing studies for Saddle Hills in order to provide final cost estimates to contract for interconnection.