Typhoon Shareholders Approved Resolutions at the 2014 Annual Meeting

LAVAL, CANADA--(Marketwired - Jun 26, 2014) - Typhoon Exploration Inc. ("Typhoon") (TSX VENTURE:TYP) announces the results of its Shareholders' Annual General and Special Meeting held today, Wednesday June 25^th, 2014, in Laval, Quebec. The shareholders approved in great majority the resolutions put forth by the Directors during the Meeting, as follows;

1. DIRECTORS

Election of directors proposed by the management

2. AUDITORS

Dallaire & Lapointe was re-elected as auditor of the Company

3. Approbation of By-Law 2013-1, with regard to the requirement to provide advance notice for the nomination of Directors.

4. Reconfirmation of the shareholder rights plan

5. Amendment to the stock option plan

6. Approbation of an amendment to the exercise price of stock options

The Board of Directors and Management would like to thank all shareholders for exercising their voting rights in such a large number. By doing so, you are giving Typhoon Exploration's management the clear mandate to pursue its primary mission which is the development of the Fayolle Deposit, with the goal of creating a collective wealth for all and especially for its loyal shareholders.

The Board of Directors has approved a grant of 1,525,000 stock options to its officers, directors, employees and consultants, under the company's Stock Option Plan.

Each stock option is exercisable at a price of $0.12 per share, for a period of 10 years.

The company announces that for health reasons, Ms. Johanne Brisson took the decision not to renew her mandate as a member of the Board. The Board would like to warmly thank Ms. Brisson for her commitment and wishes her the best of recovery.

ABOUT TYPHOON EXPLORATION INC.

- Typhoon Exploration Inc. only has 29,706,791 shares outstanding.

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.