LAVAL, CANADA--(Marketwired - Aug. 8, 2013) - TYPHOON EXPLORATION INC. (TSX VENTURE:TYP) announces the results of the Company's Annual General Assembly held today, Thursday August 8^th, 2013, in Laval, Quebec. The Shareholders approved in the majority, in very large numbers and unequivocally, the resolutions put forth by the Directors during the Assembly.

1. DIRECTORS

Election of directors proposed by the management

2. AUDITORS

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

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.

ABOUT TYPHOON EXPLORATION INC.

Typhoon Exploration Inc. has a cash position of $3,579,654, representing $0.12 per share.

Typhoon Exploration Inc. holds only 29,656,791 shares outstanding.

The Fayolle Property offers the company the potential to gather important gold resources.

THE COMPANY OWNS THE FOLLOWING PROJECTS:

• Fayolle Project, 100%-owned by Typhoon Exploration Inc. / Rouyn-Noranda region
   (See agreement with Aurizon Mines Ltd. in press release dated May 18, 2010) 
• Faille 1 Project, 100%-owned by Typhoon Exploration Inc. / Rouyn-Noranda region
• Monexco Project, 100%-owned by Typhoon Exploration Inc. / Chibougamau region
• Nordair Project, 100%-owned by Typhoon Exploration Inc. / James Bay region
• Aiguebelle-Goldfields Project, 51%-owned by Typhoon and 49%-owned by Agnico-Eagle Mines Limited / Rouyn-Noranda region
• Destorbelle Project, 50%-owned by Typhoon and 50%-owned by Diamond Frank Exploration Inc. / Rouyn-Noranda region

Typhoon takes advantage of Quebec's excellent mineral potential for the development of new world class gold deposits, as well as counting on its experienced team of directors which has demonstrated vision, perseverance and a remarkable mastership of management - both from an administrative point of view, and in terms of managing mining projects and overseeing their development.

For more information, visit SEDAR's website at www.sedar.com or the company's website at www.typhoonexploration.com

 The common shares of Typhoon Exploration Inc. are listed on the TSX Venture Exchange under the symbol "TYP".

Forward-Looking Statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Typhoon. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Typhoon will derive therefrom. Forward-looking information is based on the estimates and opinions of Typhoon at the time the information is released and Typhoon does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. 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.