CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Azabache Energy Inc. (TSX VENTURE:AZA) ("Azabache" or the "Company") announces that all resolutions put to shareholders at Azabache's annual and special meeting of shareholders (the "Meeting") held today were duly passed. At the Meeting, shareholders approved the appointment of the proposed directors of the Company, including the appointment of Mr. Rodger Gray as a new director of the Company. Mr. Gray is the President and Chief Executive Officer of Toll Cross Securities Inc., a Toronto based, full service broker-dealer specializing in the junior resource sector. Mr. Gray has over twenty years of experience as a stockbroker and officer of an IDA member firm. Mr. Gray previously acted as a Director and Vice-President, Investment Banking - Institutional Equities with First Associates Investments Inc. and prior thereto, as President of St. James Securities Inc. Mr. Gray is a graduate of Laurentian University.

For further information on Azabache please visit the Company's website at www.azaenergy.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Azabache Energy Inc.
Claudio Larotonda
President & CEO
+54.11.4893.4004
clarotonda@azaenergy.com

Azabache Energy Inc.
Glenn Van Doorne
Chairman
+403.966.8739
gvandoorne@azaenergy.com
www.azaenergy.com

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