Frontier Acquisition Corp. Announces Termination of Proposed Qualifying Transaction and Offering

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Frontier Acquisition Corp. (TSX VENTURE:FFF.P) (the "Corporation" or "Frontier")
announces that it will not be proceeding with its proposed acquisition of
Tuccaro Inc., Neegan Development Corporation Ltd., Tuc's Contracting Ltd.,
Neegan Technical Services Ltd. and Water Pure and Simple (Fort McMurray) Ltd.
(collectively, the "Tuccaro Group") as previously announced on August 1, 2012
(the "Acquisition"). Based upon feedback received during the marketing of its
concurrent offering of subscription receipts, the Tuccaro Group was unable to
agree with Frontier on certain required modifications to the terms of the
Acquisition. Management and the board of Frontier believe it to be in the best
interests of the Corporation's shareholders to pursue an alternative qualifying
transaction. The Corporation has sufficient capital to continue its efforts and
remains committed to its strategy of creating a large resource
maintenance/essential service business through a buy/build growth strategy. It
is the board's intention to continue to work with Chris Yellowega and Monty
Balderston as potential managers for an alternative qualifying transaction.


As a result of the termination of the proposed Acquisition, Frontier's long form
prospectus offering of subscription receipts led by Raymond James Ltd. has also
been terminated.


Frontier's common shares will resume trading at the market open within 48 hours
of the TSX Venture Exchange's issuance of a Resume Trading Bulletin.


About the Corporation

The Corporation is a capital pool company (a "CPC") within the meaning of the
policies of the TSXV Venture Exchange ( the "Exchange") that has not commenced
commercial operations and has no assets other than cash. Except as specifically
contemplated in the CPC Policy, until the completion of its qualifying
transaction, the Corporation will not carry on business, other than the
identification and evaluation of companies, business or assets with a view to
completing a proposed qualifying transaction.


Investors are cautioned that trading in the securities of a capital pool company
should be considered highly speculative.


Forward Looking Information

This news release includes certain statements that constitute forward-looking
statements under applicable securities legislation. All statements other than
statements of historical fact are forward-looking statements.


Any forward-looking statements are only predictions and are based on current
expectations, estimates, projections and assumptions, which the Corporation
believes are reasonable but which may prove to be incorrect and therefore such
forward-looking statements should not be unduly relied upon.


For more information on the Corporation, investors should review the
Corporation's continuous disclosure filings that are available at www.sedar.com
and the Corporation's website at www.frontieracquisition.com.


On behalf of the Board of Directors of Frontier Acquisition Corp.

Bradford Creswell