Typhoon Exploration Inc.: Stock Options Update

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

We should have read:

The Board of Directors has approved, on April 15^th, 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 15^th, 2013)

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