Feb 10, 2017 at 1:29 PM UTC

Alaska Pacific Energy Corp. Discloses Terms Of The Acquisition Of Green Seed Innovations Inc. as a Wholly Owned Subsidiary.

Feb 10, 2017

OTC Disclosure & News Service

Lake Worth, FL -

DEL RAY BEACH, Fl., Feb. 10, 2017

DEL RAY BEACH, Fl., Feb. 10, 2017 /RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased to announce the terms of the acquisition of Green Seed Innovations Inc. as a wholly owned subsidiary. An important shareholder and consultants directly involved in Company Acquisitions, made a private investment of $50,000 USD into Green Seed Innovations Inc, and structured the forward acquisition agreements to acquire 100% of Green Seed Innovations Inc & It's subsidiaries, HempDog Inc & HempHeels Inc, in exchange for 125,000 Convertible Series B Preferred Shares Priced at $2.50 per share/conversion set at par value. These securities are restricted for a year and are acquisition shares to the principals of Green Seed Innovations Inc.

Alaska Pacific Energy Corp. believes this acquisition will inspire investor confidence as the company tries to increase shareholder equity. Green Seed Innovations Inc, for its part, is delighted to become a part of the public company as it rolls out its products in a commercial environment. The company's Hemp Products are currently in demand and see an opportunity to meet prospective contracts for at least ten of their Hemp product lines. Greg Bourque, a Company Insider of Green Seed Innovations Inc, stated that the company is in a unique position to grow exponentially because of its ability to meet the demand for the products. The ability to forge relationships with bakers who can deliver hemp products en masse is absolutely critical to our ability to meet orders. He further said that the $50,000 USD investment will be put to good use to secure a contract where their hemp products can be sold at great margins.

The company will release more news and updates in the coming days and weeks on Green Seed Innovation Inc, as they begin to commercialize their products.

FORWARD-LOOKING INFORMATION

Safe Harbor Statement:

This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and/or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

This release includes additional documents. Select the link(s) below to view.

Acquisition of Green Seed.pdf