Feb 14, 2017 at 1:30 PM UTC

Alaska Pacific Energy Corp Lowers & Consolidates Its Debt Obligations into Friendly Hands.

Feb 14 2017

OTC Disclosure & News Service

Lake Worth, FL -

DEL RAY BEACH, Fl., Feb. 13, 2017

DEL RAY BEACH, Fl., Feb. 13, 2017 /RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased to announce that it is consolidating and in some cases lowering its debt obligations substantially since the acquisitions of Iron Ore Solutions & Green Seed Innovations Inc. Much of the Non affiliated debt is now held by stockholders, committed to the company's success. Previous debt holders were able to convert their aged debt, by way of issuance, without any concern for the integrity of the market. The Company chose wisely in issuing Convertible Preferred Securities to mitigate the risks inherent to price depreciation and market volatility. But this new development ensures that it's assigned debt holders will work with Alaska Pacific Energy Corp to enhance shareholder equity and value.

Alaska Pacific Energy Corp believes that this new course will help to inspire investor confidence. Furthermore wherever possible the company will seek to swap its current notes in exchange for equity, under the same terms. The Company is committed to lowering/consolidating debt and building value by acquiring its growth.

The company will release more news and updates in the coming days and weeks on its current wholly owned subsidiaries, and new opportunities that may present itself.

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.