The granting attributed as follows: 1,100,000 options to directors, 50,000 to an employee and 325,000 to consultants. These options to purchase common shares of Typhoon at an exercise price of $ 0.10 with an expiry date of April 10, 2013.

News on exploration campaign

Two drills is still active on the Fayolle property located in Rouyn-Noranda. In addition, during the summer 2008, Typhoon Exploration's team will begin exploration at the Monexco site in Chibougamau, then proceed further north to the Opinaca property in James Bay and then move to the uraniferous project in Cote-Nord (Cote-Nord).

The shares of Typhoon Exploration are listed on the Venture Stock Exchange under the symbol "TOO".

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these "forward-looking statements". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.