Nesscap Energy Inc. Announces Departure of Chief Operating Officer and Shares for Debt Issuance

Nesscap Energy Inc. ("Nesscap") (TSX VENTURE:NCE), a global leader in research,
development and manufacturing of ultracapacitor products, announces the
departure of Steve Oliva, Chief Operating Officer, effective December 31, 2012.
"We thank Steve for his contribution to Nesscap this past year and wish him well
in his future endeavours" said Jim Zuidema, Acting Chief Executive Officer of
Nesscap Energy Inc.


Nesscap also announces that it has entered into an agreement to issue shares to
settle an amount of $168,706 owed to Norton Rose Canada LLP. Nesscap will be
issuing 443,964 common shares at a deemed price of $0.38/share in settlement of
the above-noted amount. The issuance of these common shares is subject to TSXV
approval.


About Nesscap

Since its inception in 1999, Nesscap Energy Inc. has become an award winning
global leader in technology innovation and product development of
ultracapacitors. Attributes of the ultracapacitor allow for the technology to be
used in applications where power, life cycle requirements or environmental
conditions limit the suitability of batteries or capacitors. Uniquely
structured, Nesscap products are used to replace or enhance the performance of
energy and power needs for modern applications ranging from portable electronic
devices to high-tech 'green' cars and are available in both cells and modules.
Nesscap features the widest array of standard commercial products in the market
from 3 farads to 6,200 farads with industry recognized alternative organic
electrolytes. Customers of the Company include transportation, power, and
consumer markets. Technical and sales information can be found at
www.nesscap.com. 


Forward-Looking Statements

Included in this news release are matters that constitute "forward-looking"
information within the meaning of Canadian securities law. Such forward-looking
statements may be identified by words such as "plans", "proposes", "estimates",
"intends", "expects", "believes", "may" or words of a similar nature. There can
be no assurance that such statements will prove to be accurate. Actual results
and future events could differ materially from such statements. Factors that
could cause actual results to differ materially include among others, regulatory
risks, risk inherent in foreign operations, commodity prices and competition.
Most of these factors are outside the control of the Company. All subsequent
forward-looking statements attributable to the Company or its agents are
expressly qualified in their entirety by these cautionary comments. Except as
otherwise required by applicable securities statutes or regulation, the Company
expressly disclaims any intent or obligation to update publicly forward-looking
information, whether as a result of new information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nesscap Energy Inc.
Debbie Bamforth
Corporate Communications
905-599-3322
dbamforth@nesscap.com


Nesscap Energy Inc.
Jim Zuidema
Acting Chief Executive Officer and Chief Financial Officer
845-652-0833
jzuidema@nesscap.com
www.nesscap.com

Nesscap Energy Inc. (TSXV:NCE)
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