AGM Documents 3

Yoho Resources Inc. Announces Results from Umbach Montney Unconventional Drilling

Calgary, Alberta - June 20, 2011 - Yoho Resources Inc. (“Yoho” or the “Company”) is pleased to
provide an update on its drilling and completion operations at Umbach/Nig Creek, British Columbia.

Umbach/Nig Creek, British Columbia

In March 2011, Yoho, with partner Progress Energy Resources Corp. (each 50% working interest) reentered
the a-A41-A/94-H-4 well and drilled a 1,050 meter horizontal section targeting the Montney
formation. In June 2011, the well was completed in the horizontal section with an 8 stage, 16
perforation completion using plug and perf completion methodology. The well was then flowed on
clean-up and production tested at various choke settings and flowing pressures over a 144 hour (6 day)
period. During the flow test, the well flowed up tubing at a stable rate of 4.2 Mmcf per day at 513 psi on
a 48/64” choke setting with 55 barrels per day of free condensate. The well was then flowed up casing
with a final rate of 6.3 Mmcf per day at a flowing pressure of 939 psi on a 38/64” choke setting, yielding
78 barrels per day of free condensate. The well is currently shut-in for pressure build-up. Liquids
production with the natural gas is expected to be 25 to 30 barrels per Mmcf with approximately 40-50%
of the liquids being condensate.

Yoho has accumulated 37,200 gross (19,300 net) acres of land adjacent to this well. The successful
application of horizontal technology in this tight gas formation will now allow Yoho to establish a
comprehensive development plan for the Montney on the Company’s extensive land base in the area.

Kaybob, Alberta

Yoho continues to monitor production and pressure data from the two successful Duvernay horizontal
wells that the Company has a 33 1/3% working interest in (Yoho press releases September 14, 2010
and April 19, 2011). Core analysis data recently received from Yoho’s two vertical wells drilled in the
area targeting the Duvernay formation is currently being evaluated. Further development work in this
area on the Duvernay formation is currently being planned by Yoho subject to results of both the
production and the core data.

Mike/Pickel, British Columbia

The successful horizontal well (a-B21-I/94-H-3) drilled in January of 2011 (Yoho press release March
14, 2011) was on production up to June 15, 2011 when it was shut in due to the Spectra McMahon gas
plant turnaround. A preliminary development plan for this area has been prepared by the Company
and, given current natural gas pricing, development activities and capital allocation will be weighed
against results from both the Duvernay at Kaybob and the Montney at Umbach/Nig Creek.


Yoho has recently had an increase in its bank credit facility to $40 million from $34 million.

Yoho is extremely pleased with the results to date of the three unconventional resource style projects
that were tested during fiscal 2011. The capital expenditures for the balance of fiscal 2011 are currently
being reviewed. Yoho will allocate “go forward” development capital for the balance of fiscal 2011 and
fiscal 2012 based on detailed economic analysis of all new data on all three unconventional projects.

Cautionary Statements

Forward-looking information and statements

This news 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", “schedule”, "plans", "intends" and similar expressions are intended to identify forward-looking information or
statements. In particular, but without limiting the forgoing, this news release contains forward-looking information and
statements pertaining to the following: the estimated volumes associated with certain of Yoho’s wells; Yoho’s
development plans on certain of its properties; estimates of timing for tie-in of certain gas wells; completion operations on
certain of its gas wells and the life of Yoho's reserves.

In addition, forward-looking statements or information are based on a number of material factors, expectations or
assumptions of Yoho which have been used to develop such statements and information but which may prove to be
incorrect. Although Yoho believes that the expectations reflected in such forward-looking statements or information are
reasonable, undue reliance should not be placed on forward-looking statements because Yoho can give no assurance
that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified
herein, assumptions have been made regarding, among other things: the impact of increasing competition; the general
stability of the economic and political environment in which Yoho operates; the timely receipt of any required regulatory
approvals; the ability of Yoho to obtain qualified staff, equipment and services in a timely and cost efficient manner; drilling
results; the ability of the operator of the projects in which Yoho has an interest in to operate the field in a safe, efficient
and effective manner; the ability of Yoho to obtain financing on acceptable terms; field production rates and decline rates;
the ability to replace and expand oil and natural gas reserves through acquisition, development and exploration; the timing
and cost of pipeline, storage and facility construction and expansion and the ability of Yoho to secure adequate product
transportation; future commodity prices; currency, exchange and interest rates; regulatory framework regarding royalties,
taxes and environmental matters in the jurisdictions in which Yoho operates; and the ability of Yoho to successfully market
its oil and natural gas products.

The forward-looking information and statements included in this news release are not guarantees of future performance
and should not be unduly relied upon. Such information and statements; including the assumptions made in respect
thereof, involve known and unknown risks, uncertainties and other factors that may cause actual results or events to defer
materially from those anticipated in such forward-looking information or statements including, without limitation: changes
in commodity prices; changes in the demand for or supply of Yoho's products; unanticipated operating results or
production declines; changes in tax or environmental laws, royalty rates or other regulatory matters; changes in
development plans of Yoho or by third party operators of Yoho's properties, increased debt levels or debt service
requirements; inaccurate estimation of Yoho's oil and gas reserve and resource volumes; limited, unfavourable or a lack
of access to capital markets; increased costs; a lack of inadequate insurance coverage; the impact of competitors; and
certain other risks detailed from time-to-time in Yoho's public disclosure documents, (including, without limitation, those
risks identified in this news release and Yoho's Annual Information Form).

The forward-looking information and statements contained in this news release speak only as of the date of this
news release, and Yoho does not assume any obligation to publicly update or revise any of the included forwardlooking
statements or information, whether as a result of new information, future events or otherwise, except as
may be required by applicable securities laws.

Yoho Resources Inc. is a Calgary based junior oil and natural gas company with operations focusing in
northeast British Columbia, West Central Alberta and the Peace River Arch of Alberta. The common
shares of Yoho 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.

For more information please contact:

Wendy S. Woolsey, CA
Vice President, Finance and CFO
Yoho Resources Inc.
Phone: (403) 537-1771

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.