Mr. Cliff Grandison reports

ALASKA HYDRO ANNOUNCES RESULTS OF AGM AND GRANT OF STOCK OPTIONS

On Nov. 24, 2016, the shareholders of Alaska Hydro Corp. re-elected all of the directors of the company and passed all resolutions presented to the meeting, including the amendments to the company's stock option plan all as outlined in the company's information circular.

On Dec. 6, 2016, the TSX Venture Exchange accepted the filing of the company's amended stock option plan. A total of 340,000 options were granted to six directors, one officer and one consultant following acceptance of the filing. The directors of the company have received no compensation other than stock options since 2011.

We seek Safe Harbor.