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Tyhee Receives Approval of all Resolutions at its Annual General Meeting

5/8/2009 (BAYSTREET NEWSWIRE)

VANCOUVER, British Columbia (May 8, 2009)-- Tyhee Development Corp. (TSX Venture, TDC) today announced all resolutions presented by management at its Annual General Meeting, held May 7, 2009 have been approved.

A total of over 100 million shares, representing 58% of the 171 million shares issued and outstanding were voted. All management nominees to the board, Dave Webb, Roger Sylvestre, Denis Taschuk, Bill Burton, and Dave Nickerson have been re-elected. The companies auditors, Deloitte and Touche LLP have been named as auditors for 2009, the stock option plan and the shareholder rights plan have been approved by a majority of the votes.

Dave Webb, President & CEO of Tyhee would like to thank its shareholders for the support and strong vote of confidence reflected in the turn out.

Tyhee is advancing engineering and permitting studies on the Yellowknife Gold Project as defined in 2008. The Mackenzie Valley Environmental Impact Review Board (MVEIRB) is reviewing responses to the draft Terms of Reference and Work Plan and have stated that they expect to release the final Terms of Reference and work plan this month. The next step in the permitting process would be for Tyhee to produce its Developer's Assessment Report (DAR). Once the DAR is submitted, deemed complete, and all information requests and public hearings, if necessary, are held, the MVEIRB, as stated in their Environmental Assessment Guidelines, may approve, approve with conditions, order an environmental impact review, or reject the project.

Tyhee Development Corp. is a gold exploration and development company currently focused on the historic Yellowknife Gold Camp, NWT, Canada. It is the largest property holder in the historic camp, and has the largest exploration and development program underway in the region. Its principal asset is the Yellowknife Gold Project, centered on mining leases located 90 km (56 miles) north of Yellowknife, NWT, Canada. A Preliminary Assessment (PA) published in July 2008 confirmed the economic viability of the project at that time and under specified conditions (NR S.9, R.11, July 17, 2008). Additional resources have been added subsequent to the PA and PDR including at Goodwin Lake (13 km south of the Ormsby Zone), and at Clan Lake (27 km south of the Ormsby Zone). The Project Description Report (PDR) was submitted to the Mackenzie Valley Land and Water Board (MVLWB) in July, 2008 and focused on the Ormsby and Nicholas Lake Zones. The project was referred to an Environmental Assessment in September 2008. This application does not include any subsequent additions to the resources.

NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS RELEASE. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Tyhee’s shares trade on the TSX Venture Exchange under the symbol “TDC”. For additional information, please visit the Company’s website, www.tyhee.com .

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