Yoho Resources Announces Closing of Arrangement

NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS
RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.


Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to
announce that it has completed its previously announced plan of arrangement (the
"Arrangement") under the provisions of the Business Corporations Act (Alberta)
among Yoho, Yoho Resources Partnership and the shareholders of Yoho. The
Arrangement was approved by Yoho's shareholders at its annual general and
special meeting of shareholders (the "Meeting") held earlier on March 20, 2014.
Pursuant to the Arrangement, each common share (a "Yoho Share") in the capital
of Yoho outstanding as at 4:00 p.m. Calgary time on March 20, 2014 (the
"Effective Time") has been exchanged for, and now represents the right to
receive, one new common share (a "New Yoho Share") in the capital of Yoho and
0.2591 of a common share ("Storm Share") in the capital of Storm Resources Ltd.
The Storm Share amount represents the pro-rata entitlement per Yoho Share to the
13,629,442 Storm Shares held by Yoho, immediately prior to the Effective Time,
based on the 52,602,531 Yoho Shares issued and outstanding at such time.


As the Arrangement has been completed, all Yoho Shares are deemed to be
cancelled and now represent only the entitlement to receive New Yoho Shares and
Storm Shares, as described above. The New Yoho Shares do not represent any
entitlement to Storm Shares. The Yoho Shares are to be delisted from the TSX
Venture Exchange ("TSXV") prior to opening of markets on March 21, 2014, with
the New Yoho Shares (CUSIP: 98600Q100) being concurrently listed and posted for
trading on the TSXV.


Pursuant to the letter of transmittal mailed to Yoho shareholders as part of the
materials in connection with the Meeting, in order to receive the New Yoho
Shares and Storm Shares to which they are entitled, registered holders of Yoho
Shares will be required to deposit their share certificate(s) representing Yoho
Shares, together with the duly completed letter of transmittal, with Valiant
Trust Company, Yoho's depositary under the Arrangement. Shareholders whose Yoho
Shares are registered in the name of a broker, dealer, bank, trust company or
other nominee must contact their nominee to deposit their Yoho Shares.


At the Meeting, shareholders also approved all other items of business presented
for consideration, including the re-election of each of Terry Svarich, Gary
Perron, Kevin Olson, Peter Kurceba, John Brussa, Bruce Allford and Brian
McLachlan as directors of the Company, the appointment of KPMG LLP as auditors
of the Company and the re-approval of the Company's stock option plan, as
amended.


READER ADVISORY

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.


This press release contains forward-looking statements as to Yoho's internal
projections, forecasts, expectations or beliefs relating to future events or
future performance, including: anticipated timing for the listing of the New
Yoho Shares and the de-listing of the Yoho Shares on the TSXV. In some cases,
forward-looking statements can be identified by terminology such as "may",
"will", "should", "expects", "projects", "plans", "anticipates" and similar
expressions. These statements represent the expectations or beliefs of
management of Yoho. The projections, estimates and beliefs contained in such
forward-looking statements are based on certain assumptions that management of
Yoho believes is reasonable at this time, including the timing of receipt of the
necessary stock exchange approvals and the satisfaction of and time necessary to
satisfy the conditions to the listing of the New Yoho Shares and the de-listing
of the Yoho Shares on the TSXV. The listing of the New Yoho Shares and the
de-listing of the Yoho Shares on the TSXV involves known and unknown risks and
uncertainties, including the risks the assumptions set forth herein may not be
accurate, that additional conditions or requirements to complete such
transactions may be imposed, which risks may cause actual results in the future
to differ materially from any projections of future performance or results
expressed or implied by such forward-looking statements. Accordingly, readers
should not place undue reliance on the forward-looking statements and
information contained in this press release concerning these times. Readers are
cautioned that the foregoing list of factors is not exhaustive. Additional
information on these and other factors that could affect Yoho's operations or
financial results are included in reports on file with applicable securities
regulatory authorities and may be accessed through the SEDAR website
(www.sedar.com), or Yoho's website (www.yohoresources.ca).


The forward-looking statements and information contained in this press release
are made as of the date hereof and Yoho undertakes no obligation to update
publicly or revise any forward-looking statements or information, whether as a
result of new information, future events or otherwise, unless so required by
applicable securities laws.


The New Yoho Shares and the Storm Shares have not and will not be registered
under the United States Securities Act of 1933, as amended (the "U.S. Securities
Act") or any state securities laws and may not be offered or sold in the United
States or to any U.S. person except in certain transactions exempt from the
registration requirements of the U.S. Securities Act and applicable state
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Yoho Resources Inc.
Brian McLachlan
President & Chief Executive Officer
(403) 537-1771 x103


Yoho Resources Inc.
Wendy Woolsey
Vice-President Finance & Chief Financial Officer
(403) 537-1771 x102
www.yohoresources.ca
Yoho Resources Inc. (TSXV:YO)
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