mHealth Capital Corp. Announces Termination of Sponsorship and Withdrawal of Proposed Qualifying Transaction

mHealth Capital Corp. (the "Corporation")  (TSX VENTURE:DOC.P), a capital pool
company, announces that further to its press release of January 17, 2012 in
relation to the Corporation's proposed qualifying transaction by the acquisition
of certain specified assets owned by Heltheo, Inc., a U.S. (Illinois)
corporation (the "Proposed QT") and the Corporation's engagement letter with
Leede Financial Markets Inc. ("Leede"), Leede has terminated its sponsorship of
the Proposed QT. Also, in that the Corporation has been unable to obtain a
commitment for financing which would close concurrently with the closing of the
Proposed QT, the Corporation will not be proceeding with the Proposed QT.


The Corporation intends to identify and evaluate other businesses or assets with
a view to completing a Qualifying Transaction pursuant to the policies of the
TSX Venture Exchange (the "Exchange"). Any potential transaction will be subject
to the approval of the Exchange and there is no assurance that a Qualifying
Transaction will be completed.


The Common Shares of the Corporation are expected to resume trading on the
Exchange on or about March 15, 2013.


FOR FURTHER INFORMATION PLEASE CONTACT: 
mHealth Capital Corp.
Jacques Boulet
President and Chief Executive Officer
(416) 723-7790

Mhealth Capital Corp (TSXV:DOC.P)
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