An anonymous director reports

STORM EXPLORATION ANNOUNCES SHARES FOR DEBT TRANSACTION

Storm Exploration Inc. has completed its previously announced shares-for-debt transaction and settled an amended aggregate of $210,000 of indebtedness owed to certain arm's-length and non-arm's-length creditors through the issuance of an aggregate of 4.2 million common shares at a deemed price of five cents per common share.

The insider portion of the debt settlement, being an aggregate of $160,000 indebtedness, is exempt from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 by virtue of the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the consideration for the securities of the company to be issued to insiders does not exceed 25 per cent of its market capitalization. All common shares issued to settle the debt are subject to a hold period of four months and one day from the date of issuance.

About Storm Exploration Inc.

Storm Exploration is a Canadian mineral exploration company focused on the discovery and development of economic precious metals and base metals deposits on five district-scale projects in Canada: Miminiska, Toogood, Keezhik, Attwood and Gold Standard.

We seek Safe Harbor.