KALINA POWER LIMITED (KPO)

The suspension of trading in the securities of Kalina Power Limited will be lifted immediately following the release by KPO of an announcement regarding the naming of a counterparty in relation to a memorandum of understanding.

The company refers to its ASX announcement in relation to the execution of a non-binding Memorandum of Understanding with a US-based data centre developer. The Company wishes to advise that the counterparty to the MOU is Crusoe Energy Systems LLC.

The securities of Kalina Power Limited will be immediately suspended from quotation under Listing Rule 17.3.1. Trading in KPO's securities was halted by ASX at 1:11 PM AEST Monday, 26 August 2024 under ASX Operating Rule 3100 to ensure that the market in KPO's securities is fair, orderly and transparent. ASX required KPO to provide specified information for release to the market under Listing Rule 3.1B in relation to the Memorandum of Understanding, with "a well capitalized US-based data centre developer" referenced in its 26 August 2024 announcement. KPO has failed to comply with that requirement. As a consequence, KPO's securities will now be suspended from quotation by ASX under Listing Rule 17.3.1, until such time as ASX is satisfied with KPO's compliance with the Listing Rules and that it is otherwise appropriate for KPO's securities to be reinstated to quotation.

The suspension of trading in the securities of Kalina Power Limited will be lifted immediately, following the release by KPO of an announcement in relation to a capital raising.

The company releases a cleansing notice for the non-renouncable entitlement offer that it is undertaking.

The company releases a notice of proposed issue of securities.

The Company undertakes a pro rata non-renounceable entitlement offer to all eligible shareholders. The Entitlement Offer will be on the basis of one (1) new share for every three (3) shares currently held by eligible shareholders. New shares are priced at $0.004 per new share and enable existing shareholders to participate in the Company's capital raising. Eligible shareholders are those shareholders with an address in Australia or New Zealand, or such other person as elected at the Company's discretion, holding shares of the Company as at the Record Date. The Entitlement Offer will involve the issue of approximately 505 million shares to raise approximately A$2,020,000 (before expenses). Eligible shareholders will have the right to apply for additional shares in excess of their entitlement under a shortfall offer.

The voluntary suspension extension is requested pending the release of information in relation to the company's capital raising. The voluntary suspension is anticipated to remain in place until the earlier of the commencement of normal trading on 8 November 2023 or until the release of the announcement.

The securities of Kalina Power Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of KPO, pending the release of an announcement regarding a capital raising.

The suspension of trading in the securities of Kalina Power Limited will be lifted immediately following the release by KPO of an announcement regarding its Alberta Project and associated equity raising.

The company raised $10m through the issue of 370 million fully paid ordinary shares at $0.027 per share. The placement was strongly supported by new institutional and sophisticated investors. Funds will be used primarily to advance the company's commercial pipeline in Alberta.

Alberta Utilities Commission hasissued its decision granting approval for the KALiNA Energy Centre "“ Saddle Hills project.

The Company requests that the voluntary suspension continue until the earlier of the Company releasing an announcement in relation to Alberta Project and associated equity raising and requesting that ASX end the suspension, or the commencement of trading on Tuesday, 19 October 2021.

The securities of Kalina Power Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of KPO, pending the release of an announcement regarding its Alberta Project and a capital raising.

The suspension of trading in the securities of Kalina Power Limited will be lifted immediately, following the release by KPO of an announcement regarding a capital raising.

KALiNA has exceeded the target of AU$3M by securing commitments totalling approximately AU$3,200,000 at an issue price of 3.5 cent per share through a private placement. This price represents the 10 day VWAP to the market close on Friday 18 of October. Proceeds of the placement will settle on Monday, 28 October 2019 with the allotment of the Placement shares anticipated on Wednesday 30 October 2019.

The securities of Kalina Power Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of KPO, pending the release of an announcement regarding a capital raising.

The suspension of trading in the securities of Kalina Power Limited will be lifted immediately, following the release by KPO of an announcement.

Kalina Disrtibuted Power has undertaken a comprehensive body of work over the past 2 years from market analysis, process design, independent engineering, major equipment vendor selection, quotes and optimisation of specially designed 21MW combined cycle power plants to be deployed in multiple locations in Alberta. The company provides the following additional detail with regards to the CapEx forecast of C$62mm being used by the company in its financial model. The material assumptions that underpin the forecast are: C$18m for the major equipment; C$28.5m for the construction and installation costs as estimated by qualified EPC firms; C$8m for the electrical and gas interconnection and other project costs such as utility studies, permit preparation and filing, environmental studies, process insurance and spare parts; C$5.2m contingency costs; and C$2.3m for developer's fees paid to KDP. The company is also retracting its prospective financial forecasts as the information does not have a reasonable basis consistent with the requirements of ASIC Regulatory Guide 170.

The securities of Kalina Power Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of KPO, pending the release of an announcement.

Kalina Power Limited ("Company") will be reinstated to official quotation as from 10am AEDST on Wednesday, 14 October 2015 following the effectuation of the deed of company arrangement and completion of a capital raising. 131,195,298 ordinary shares fully paid 69,837,070 quoted options with an exercise price of $0.10 and an expiry date of 30 November 2015 Security Code: KPO KPOOA

name changed from Enhanced Systems Technologies Limited