YOO Yangaroo Inc

YANGAROO Inc. (TSX VENTURE:YOO)(OTCBB:YOOIF), the industry's leading secure
digital media distribution company (the "Company"), is pleased to announce that
it has completed the brokered private placement financing (the "Private
Placement") of common shares (the "Shares") sold at a price of $0.30 per Share,
as was previously announced in a news release dated May 5th, 2014 (the "May 5
Release"). The Company announces that it has surpassed the minimum amount of the
Private Placement, raising gross proceeds of CAD $2,471,000.70 (the "Proceeds"),
which the Company will use primarily to repay existing indebtedness in the form
of debentures, as announced in the May 5 Release. The Company issued 8,236,669
Shares pursuant to the Private Placement.


The Company is further pleased to announce, subject to regulatory approvals, a
second and immediate brokered private placement (the "New Private Placement") to
raise a minimum of $750,000 (the "Minimum Amount") and up to $2,000,000 through
the issuance of a minimum of 2,500,000 and up to 6,666,667 common shares (the
"New Shares") at a price of $0.30 per New Share.


The proceeds of the New Private Placement (the "New Proceeds") will be used
primarily for working capital and accelerating growth in the advertising
division.


YANGAROO has engaged Global Maxfin Capital Inc. (the "Agent") to act as lead
agent in connection with the New Private Placement. YANGAROO will pay to the
Agent, and any and all sub-agents and/or finders, a total of up to 7% cash
compensation and up to 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 New 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.


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: 
YANGAROO Inc.
Gary Moss
416-534-0607 ext. 111
www.yangaroo.com


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

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