ASKE Alaska Pacific Energy Corporation (CE)

Miami Fl. January
17, 2013. Alaska Pacific Energy Corp. (PINKSHEETS: ASKE) announced today that
the company has made several significant changes in December of 2012 and
January of 2013. Company President, Director and Founder James King has
resigned his positions with the Company. Prior to his resignation, Mr. King
appointed Mr. Dominick Falso as a Director for the Company.

 In light of Mr. King’s subsequent resignation,
Mr. Falso has become the company’s sole Director and Officer. “We have been
busy for the past month getting things resituated. We have moved the company to
Florida and have brought the company filings with OTC up to date. We expect
that the yield sign will be removed within the next day or so…the company will
once again be a Current Information Pink Sheet Company…still a lot of things…little
things…like updating the website, etc., to do in order to become prepared to
move forward successfully” Said Mr. Falso. “But I am very optimistic about what
lies ahead.

We have had
preliminary discussions with lease holders in both Canada and the U. S.
regarding mining and oil/gas opportunities…I intend on begin interviewing
executive management candidates within the next few weeks…I do not think that
there has been a better time to be involved in the gold and silver mining as
well as the oil and gas industry…I am very excited about the opportunities that
appear to available.”

Increasing
shareholder value is paramount on the substantial “to do” list of that the new
Company President has put together. The company web site will reflect the recent
changes within the next week or so.

 Safe Harbor
Statement: This release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934 that are based upon assumptions that
in the future may prove not to have been accurate and are subject to
significant risks and uncertainties, including statements as to the future
performance of the company and the risks and uncertainties detailed from time
to time in reports filed by the company with the Securities and Exchange
Commission.  Although the company believes that the expectations reflected
in its forward-looking statements are reasonable, it can give no assurance that
such expectations or any of its forward-looking statements will prove to be
correct.  Factors that could cause results to differ include, but are not
limited to, the company’s ability to raise necessary financing, retention of
key personnel, timely delivery of inventory from the company’s contract
manufacturers, timely product development, product acceptance, and the impact
of competitive services and products, in addition to general economic risks and
uncertainties.

 CONTACT:  
Alaska Pacific Energy Corp.

                  Dominick Falso, President (954) 464-9933

www.alaskapacificenergy.com

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