NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to
announce that it intends to proceed with a non-brokered private placement (the
"Private Placement") to, among others, certain directors and officers of the
Company, of up to 3,864,735 common shares issued on a "flow-through" basis as
Canadian development expenses pursuant to the provisions of the Income Tax Act
(Canada) (the "Flow-Through Shares") at an issue price of $2.07 per Flow-Through
Share for gross proceeds of approximately $8,000,000.


Proceeds of the Private Placement will be used to fund the Company's development
drilling targeting the Duvernay Formation at Kaybob, Alberta. These expenditures
qualify as Canadian development expenses and will be renounced in favour of the
subscribers of the Flow-Through Shares effective on or before December 31, 2012.



The Flow-Through Shares issued pursuant to the Private Placement will be subject
to a four-month hold period from the closing date, which is anticipated to occur
on or about September 14, 2012. 


The Private Placement is subject to approval from the TSX Venture Exchange.

Yoho is a Calgary based junior oil and natural gas company with operations
focusing in West Central Alberta and northeast British Columbia. The Common
Shares are listed on the TSX Venture Exchange under the symbol "YO".


This press release shall not constitute an offer to sell or a solicitation of an
offer to buy the securities in any jurisdiction. The common shares of Yoho will
not be and have not been registered under the United States Securities Act of
1933, as amended, and may not be offered or sold in the United States, or to a
U.S. person, absent registration or applicable exemption therefrom. 


ADVISORY: This press release contains certain forward-looking information and
statements within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "may", "will",
"project", "should", "believe", "plans", "intends" and similar expressions are
intended to identify forward-looking information or statements. In particular,
but without limiting the forgoing, this press release contains statements
concerning the anticipated participants in the Private Placement, the
anticipated closing of the Private Placement and the anticipated use of the
proceeds of the Private Placement. Although Yoho believes that the expectations
reflected in these forward-looking statements are reasonable, undue reliance
should not be placed on them because Yoho can give no assurance that they will
prove to be correct. Since forward-looking statements address future events and
conditions, by their very nature they involve inherent risks and uncertainties.
The closing of the Private Placement could be delayed if Yoho is not able to
obtain the necessary regulatory and stock exchange approvals on the timelines it
has planned. The Private Placement will not be completed at all if these
approvals are not obtained or some other condition to the closing is not
satisfied. Accordingly, there is a risk that the Private Placement will not be
completed within the anticipated time or at all. The intended use of the
proceeds of the Private Placement by Yoho might change if the board of directors
of Yoho determines that it would be in the best interests of Yoho to deploy the
proceeds for some other purpose. The forward-looking statements contained in
this press release are made as of the date hereof and Yoho undertakes no
obligations 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.