Alaska Hydro Retains Golder Associates Ltd.

Vancouver, British Columbia--(Newsfile Corp. - April 18, 2017) - Cliff Grandison, President of Alaska Hydro Corporation (TSXV: AKH), announced that the Company has engaged Golder Associates Ltd. to prepare a Dam Geotechnical Prefeasibility Design for the Company's More Creek Hydroelectric Power Project.

The proposal includes the Review of Previous studies including studies on topography, geology, and BC Hydro's Iskut-Stikine Hydroelectric Development for Iskut Canyon and More Creek Projects. The scope of work also includes a review of Dam Types and Design, including concrete arch, roller compacted concrete, earth fill dam, rock fill, concrete faced rock fill, and central asphalt core rockfill dam. On completion of these studies, construction cost estimates and preferred options will be determined. This study is expected to take four to six weeks to complete.

The Company plans to continue with optimization of the project design and economics during the permitting period currently underway, followed by a full bankable feasibility study.

For further information, please contact:

Cliff Grandison, Interim President and Chief Executive Officer
(604) 929-3961

NOT FOR DISSEMINATION IN THE UNITED STATES