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Published on 12/30/2005 in the Prospect News PIPE Daily.

New Issue: Yoho completes C$3.98 million sale of flow-through shares

By Sheri Kasprzak

New York, Dec. 30 - Yoho Resources Inc. has raised C$3,985,226 from a non-brokered private placement.

The company issued 572,590 flow-through shares at C$6.96 each.

Proceeds will be used to fund exploration.

Based in Calgary, Alta., Yoho is an oil and natural gas exploration company.

Issuer:Yoho Resources Inc.
Issue:Flow-through shares
Amount:C$3,985,226
Shares:572,590
Price:C$6.96
Warrants:No
Settlement date:Dec. 30
Stock price:C$6.10 at close Dec. 30

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