YOO Yangaroo Inc

YANGAROO Inc. (TSX VENTURE:YOO)(OTCBB:YOOIF), the industry's leading secure
digital media distribution company, is pleased to announce, subject to
regulatory approvals, a brokered private placement (the "Private Placement") to
raise a minimum of $1,500,000 (the "Minimum Amount") and up to $3,000,000
through the issuance of a minimum of 5,000,000 and up to 10,000,000 common
shares ("Shares") at a price of $0.30 per Share. 


The proceeds of the Private Placement (the "Proceeds") will be used primarily
for the retirement of the entire outstanding indebtedness of YANGAROO under
previously issued debentures (the "Debentures"). The outstanding principal and
accrued interest as calculated on the Final Closing Date will be $2,320,687.94.
The balance of the Proceeds will be used for working capital and focused on
accelerating growth in the advertising division.


The Private Placement is expected to close in two stages, with the final closing
date anticipated to be May 23rd, 2014 (the "Final Closing Date"). The initial
closing will occur on or about the date on which the Minimum Amount has been
raised, or as otherwise determined by the Board of Directors of YANGAROO.
YANGAROO has received expressed interest from potential subscribers in the event
of a private placement amounting to between $2,100,000 and $2,300,000.


YANGAROO has engaged Global Maxfin Capital Inc. (the "Agent") to act as lead
agent in connection with the Private Placement. YANGAROO will pay to the Agent,
and any and all sub-agents and/or finders, a total of 7% cash compensation and
7% in compensation options (the "Compensation Options"), based on that portion
of the Proceeds raised by the Agent, sub-agent and/or finders, the Compensation
Options entitling the holder to subscribe for common shares of the corporation
on the same terms as the Private Placement, being $0.30 per Share, for a period
of 24 months from closing.


All the securities issuable will be subject to a four-month hold period from the
date of issuance. The Private Placement is subject to the approval of the TSX
Venture Exchange.


About YANGAROO:

YANGAROO is a company dedicated to digital media management. YANGAROO's patented
Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud
based solution focused on the music and advertising industries. The DMDS
solution provides more accountable, effective, and far less costly digital
management of broadcast quality media via the Internet. It replaces the
physical, satellite and closed network distribution and management of audio and
video content, for music, music videos, and advertising to television, radio,
media, retailers, and other authorized recipients. The YANGAROO Awards platform
is now the industry standard and powers most of North America's major awards
shows.


YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on
the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under
OTCBB: YOOIF. For further information, please contact Gary Moss at 416-534-0607
ext.111 or visit www.yangaroo.com.


The statements contained in this release that are not purely historical are
forward-looking statements and are subject to risks and uncertainties that could
cause such statements to differ materially from actual future events or results.
Such forward-looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For Investor Inquiries:
The Howard Group Inc.
Dave Burwell
1 (403) 221-0915
dave@howardgroupinc.com

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