New Issue: Yoho closes C$5.48 million placement of flow-through shares

By Sheri Kasprzak

New York, June 23 - Yoho Resources Inc. completed a C$5,479,600 private placement.

The non-brokered offering included 824,000 flow-through shares at C$6.65 each to accredited investors.

Proceeds will be used to fund exploration.

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

Issuer:	Yoho Resources Inc.
Issue:	Flow-through shares
Amount:	C$5,479,600
Shares:	824,000
Price:	C$6.65
Warrants:	No
Placement agent:	Non-brokered
Settlement date:	June 23
Stock symbol:	TSX Venture: YO
Stock price:	C$5.00 at close June 23

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