LAVAL, CANADA--(Marketwired - May 8, 2013) - TYPHOON EXPLORATION INC. ("Typhoon") (TSX VENTURE:TYP) would like to correct its press release published earlier today, May 8th, 2013.

We should have read:

The Board of Directors has approved, on April 15th, 2013, a grant of 650,000 stock options to its officers, directors, employees and consultants, at the exercise price of $0.10 per share, for a period of 10 years, under the company's Stock Option Plan. (see press release dated April 15th, 2013)

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

Contact Information:

David Mc Donald
President and CEO
450.622.4066
Toll free: 1.877.622.4004
450.622.4337 (FAX)
info@typhoonexploration.com
www.explorationtyphon.com