Boost Capital Announces Termination of Proposed Qualifying Transaction With Hollywood Foods

Boost Capital Corp. ("Boost") (TSX VENTURE:BST.P), a capital pool company as
defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), announces
the termination of the non- binding term sheet (the "Term Sheet") dated February
6, 2014 between Boost and Hollywood Foods Inc. ("Hollywood Foods") for the arm's
length acquisition of substantially all of the assets of Hollywood Foods, which
was expected to qualify as Boost's "Qualifying Transaction" as defined by
Exchange Policy 2.4. 


In addition to the cease trade orders issued by the British Columbia and Ontario
securities commissions, previously announced, the securities of Boost are also
now subject to a cease trade order issued by the Alberta Securities Commission
for failure to file financial statements for the year ended March 31, 2013, and
the interim periods ending June 30,2013, September 30, 2013 and December 31,
2013, and related management's discussion and analysis and CEO and CFO
certifications. Boost has filed applications for revocation with all three
securities commissions. Subject to a bulletin previously issued by the Exchange,
upon revocation of the cease trade orders, the shares of Boost will remain
suspended by the Exchange until the Exchange is satisfied that Boost meets
Exchange requirements.


Boost has called an annual and special shareholders' meeting for June 2, 2014
which will include seeking the necessary shareholder approvals for the purposes
of avoiding delisting and transferring its shares to the NEX board of the
Exchange.


The information in this news release includes certain information and statements
about management's view of future events, expectations, plans and prospects that
constitute forward looking statements. These statements are based upon
assumptions that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of factors, the
actual results, expectations, achievements or performance may differ materially
from those anticipated and indicated by these forward looking statements.
Although Boost believes that the expectations reflected in forward looking
statements are reasonable, it can give no assurances that the expectations of
any forward looking statements will prove to be correct. Except as required by
law, Boost disclaims any intention and assumes no obligation to update or revise
any forward looking statements to reflect actual results, whether as a result of
new information, future events, changes in assumptions, changes in factors
affecting such forward looking statements or otherwise.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Boost Capital Corp.
Martin J. Doane
Chief Executive Officer
[phone]
[e-mail]