Typhoon Exploration Inc.
TSX VENTURE : TYP

Typhoon Exploration Inc.

February 28, 2007 10:15 ET

Typhoon Acquires Uranium Property on Quebec's North Shore

LAVAL, QUEBEC--(CCNMatthews - Feb. 28, 2007) - Typhoon Exploration Inc. (the "Company") (TSX VENTURE:TOO) announces the acquisition of a uranium-rich property (North Shore Property) along Quebec's Lower North Shore (refer to the figure below).

This new property is located approximately 32 kilometers east of the community of Havre-Saint-Pierre, and is transected by a regional highway giving year round access. The property already hosts a uranium showing which historically gave 0.023% U3O8 over 9 meters (MRNQ files).

A map of the property is available on CCNMatthrews' web Site at the following address: http://www.ccnmatthews.com/docs/too0228.jpg

The property totals 12.1 km2. The North Shore Property was staked in order to cover a favourable geological environment consisting of a number of uranium bearing pegmatites dykes that could contain significant mineralization

The Company will acquire a 100% interest by paying C$ 30,000 and by issuing 500,000 shares to the Vendor.

Following positive results released by Uracan Resources Inc. (www.uracanresources.com), the Company plans to initiate exploration work that could lead to the discovery of significant uranium mineralization.

In order to increase shareholder's equity Typhoon takes an interest in Uranium but remains focus on its Fayolle project with the team in place since 2003. A new team will be formed to do exploration work on the uranium-rich North-Shore property.

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.

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