Windfire Cancels Acquisition of Madonsi Gold Project

TSX-V: WIF

December 9, 2013

Windfire Cancels Acquisition of Madonsi Gold Project

Windfire Capital Corp. (WIF: TSX-V) (“Windfire” or the “Company”) announces that it has terminated the Letter of Intent entered into with Triangle City Mining (Proprietary) Limited, and as a result will not be proceeding with the acquisition of the Madonsi Gold Project, located in Limpopo Province, Republic of South Africa (as announced June 4, 2013 and August 13, 2013). On the basis of wanting to add value Windfire is continuing the search for projects of strong technical merit that could be added to its property portfolio.

To find out more about Windfire Capital Corp., please contact investor relations at 604-669-2191 or e-mail [email protected]. You may also visit the website at www.windfirecapital.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 statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.

2000 - 1177 West Hastings Street │Vancouver, BC │V6E 2K3