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 first tranche (the "First Tranche") of its 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 30th, 2014. Under the First Tranche, the Company raised gross
proceeds of CAD $1,216,000.10 (the "Proceeds"), which the Company will use
primarily for working capital and accelerating growth in the advertising
division. The Company issued 4,053,334 Shares pursuant to the First Tranche of
the Private Placement.


While the Company is entitled to raise up to $2,000,000 (the "Maximum Amount")
through the issuance of up to 6,666,667 Shares under this Private Placement, the
Company has decided that it's in the best interest of the Company and its
shareholders to limit the maximum gross aggregate proceeds to $1,600,000. The
Company will accommodate a single investor who requires additional time to
subscribe. The Company anticipates the final closing to occur on or before July
29th, 2014.


In respect of the First Tranche, the Company paid agent's commissions/finder's
fees consisting of an aggregate of $85,120.01 plus expenses and issued 283,734
broker's warrants, which are exercisable for a period of 24 months at an
exercise price of $0.30.


All securities issued to purchasers and agents/finders under the First Tranche
are subject to a four-month hold period pursuant to securities legislation and
the policies of the TSX Venture Exchange, beginning as of June 11th, 2014.


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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