Ike Kolias Announces Acquisition of Common Shares of Alexander Energy Ltd.

Ike Kolias Announces Acquisition of Common Shares of Alexander Energy Ltd. 
CALGARY, ALBERTA -- (Marketwire) -- 01/29/13 -- On January 24, 2013
Ike Kolias acquired 3,676,500 common shares of Alexander Energy Ltd.
("Alexander") at a price of 0.17 per share through the facilities of
the TSX Venture Exchange. After giving effect to this trade Mr.
Kolias has beneficial ownership of 6,495,500 Common Shares ("Common
Shares") of Alexander, representing approximately 10.4% of the issued
and outstanding Common Shares of Alexander. 
There are no other persons acting jointly or in concert with Mr.
Kolias. 
Mr. Kolias effected the acquisition of common shares for investment
purposes. Mr. Kolias reserves the right to purchase additional
securities of Alexander or from time to time to dispose of any
securities of Alexander that he may own.  
For additional information, or to obtain a copy of the report
required pursuant to the early warning reporting requirements, please
contact Ike Kolias.
Contacts:
Ike Kolias
(403) 540-3512
(403) 258-3755 (FAX)