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File: Winfire Update Feb 16, 2015 Final.docx

February 16, 2015         
Windfire Not to Extend Definitive Agreement
Windfire Capital Corp. (WIF: TSX-V) ("Windfire" or the "Company"), announces that further to its news release dated De
--->cember 11, 2014, that the Company and Rosebud Production Inc. have mutually agreed not to extend the previously announ
--->ced definitive agreement as a result of current market conditions in the medical marijuana space. The definitive agree
--->ment expired Friday, February 13, 2015. 
Windfire will revert back to trading on the TSX Venture Exchange as soon as possible in line with its current issuer s
--->tatus on the TSX-V.
The Company is continuing to search for new business development opportunities.
The Company also reports that Robert Hall has resigned as a Director of the Company. The Company thanks him for his co
--->ntributions and wishes him well in his future endeavors.
To find out more about Windfire Capital Corp., please contact investor relations at 604-669-2191 or email info@windfir
--->ecapital.com. 
Windfire Capital Corp.
"Clive Massey"
President and CEO
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.
Except for historical information contained herein, this news release contains forward-looking statements that involve
---> risks and uncertainties. Actual results may differ materially. The Company will not update these forward-looking stat
--->ements to reflect events or circumstances after the date hereof. More detailed information about potential factors tha
--->t could affect financial results is included in the documents filed from time to time with the Canadian securities reg
--->ulatory authorities by the Company.

Cautionary and Forward-Looking Statements:
This news release contains forward{‐ ‐}looking statements and information concerning the expected results of the
---> Offering, Brokered Offering, and change of business transaction; anticipated closing dates of the Offering, Brokered 
--->Offering, and change of business transaction. The forward{‐ ‐}looking statements and information are based on ce
--->rtain key expectations and assumptions made by management of Windfire.  Since forward{‐ ‐}looking statements and
---> information address future events and conditions, by their very nature they involve inherent risks and uncertainties.
---> Readers are cautioned that the foregoing list of factors is not exhaustive. The forward{‐ ‐}looking statements 
--->and information contained in this news release are made as of the date hereof and no undertaking is given to update pu
--->blicly or revise any forward{‐ ‐}looking statements or information, whether as a result of new information, futu
--->re events or otherwise, unless so required by applicable securities laws or the TSX Venture Exchange. The forward-look
--->ing statements or information contained in this news release are expressly qualified by this cautionary statement.
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with t
--->his restriction may constitute a violation of U.S. Securities laws.