Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) announces that as
a result of a plan of arrangement (the "Arrangement") completed pursuant to the
provisions of the Business Corporations Act (Alberta) on March 20, 2014, Yoho
and Yoho's direct and indirect wholly-owned subsidiary, Yoho Resources
Partnership (the "Partnership"), have disposed of an aggregate of 13,629,442
common shares ("Storm Shares") in the capital of Storm Resources Ltd. ("Storm").
As such, as at the date hereof, neither Yoho nor the Partnership has any
ownership or control of any Storm Shares. Pursuant to the Arrangement, each
issued and outstanding common share in the capital of Yoho outstanding as at the
close of business on March 20, 2014 was exchanged for one new common share in
the capital of Yoho and 0.2591 of a Storm Share, which represented a Yoho
shareholder's pro rata per share entitlement to an aggregate of 13,629,442 Storm
Shares. Prior to the completion of the Arrangement Yoho (indirectly through the
Partnership) owned an aggregate of 13,629,442 Storm Shares, representing
approximately 12.4% of the outstanding Storm Shares, on a non-diluted basis. The
13,629,442 Storm Shares were initially acquired by Yoho as partial consideration
for the sale by Yoho to Storm on January 31, 2014 of Yoho's Montney acreage in
the Nig area of Northeast British Columbia. 


An early warning report has been filed on SEDAR and will be available for review
at www.sedar.com under Storm's profile. A copy of the early warning report can
be obtained from the contact below.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Yoho Resources Inc.
Wendy Woolsey
Vice-President Finance & Chief Financial Officer
(403) 537-1771 x102


Yoho Resources Inc.
500, 521-3 Avenue S.W.
Calgary, Alberta T2P 3T3

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