Yangaroo Inc. announced the appointment of Mr. Gerry Hurlow and Mr. Phil Benson to the Board of Directors. Both will serve as Independent Directors. Mr. Sander Shalinsky has resigned as a member of the Board of Directors effective immediately.

Mr. Benson replaces Mr. Quinn, who resigned from the Board in December, as the nominee of Yangaroo's shareholder. Mr. Hurlow is President of Meteor Capital Inc. Mr. Benson is a Managing Partner at Fraser Mackenzie Merchant Capital. The Board of Directors has appointed Mr. Hurlow to the Audit Committee and both Mr. Hurlow and Mr. Benson to the Compensation Committee.