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File: NR_121912_Termination.pdf

                                               HFX HOLDING CORP.
                                         Suite 1500 � 885 West Georgia Street,
                                         Vancouver, British Columbia V6C 3E8


                        HFX HOLDING CORP. ANNOUNCES TERMINATION OF
                             PROPOSED QUALIFYING TRANSACTION


December 19, 2012                                                                                TSX Venture Exchange
                                                                                                Trading Symbol: HXC.P

Vancouver, British Columbia � HFX Holding Corp. (the "Company"), a capital pool company pursuant to
Policy 2.4 of the TSX Venture Exchange (the "TSXV"), announces that the letter of intent entered into
between the Company and Monarch Mining & Environmental Services Inc. on July 17, 2012 and
subsequently amended on July 25, 2012, as previously disclosed in the Company's news release of July
30, 2012, has been terminated.

Management of the Company will continue to identify and evaluate businesses and assets with a view to
completing a Qualifying Transaction under the CPC policy of the TSXV.

The common shares of the Company are expected to resume trading on the TSXV upon receiving TSXV
approval.

On behalf of the Board of Directors

"Michael Chieng"

Michael Chieng
Chief Executive Officer
Chief Financial Officer
Director

For further information please contact:

Michael Chieng
Telephone: (604) 341-6629

Neither the TSX Venture Exchange not 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.

Certain statements in this news release are forward-looking statements, which reflect the expectations of management r
--->egarding
the Company's listing of its common shares on the TSX-V. Forward-looking statements consist of statements that are not
---> purely
historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such s
--->tatements are
subject to risks and uncertainties that may cause actual results, performance or developments to differ materially fro
--->m those
contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking state
--->ments will
occur, or if they do occur, what benefits the Company will obtain from them.