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Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF) ("Yangaroo", "Company"), a software leader in media asset workflow and distribution solutions, announced today the resignation of Frank Guo, the Company's Chief Financial Officer, effective November 30, 2024.
Mr. Guo will remain with the Company for the remainder of the month in order to complete the filing of the Company's interim financial statements and corresponding management's discussion and analysis for the quarter ended September 30, 2024, as required under National Instrument 51-102 - Continuous Disclosure Obligations.
The Company has initiated a search for Mr. Guo's successor and will make an announcement once a new CFO is appointed. In the interim, the Company's experienced finance team will ensure continuity in financial management and operations.
Grant Schuetrumpf, CEO of Yangaroo, stated, "We would like to thank Frank for his contributions during his tenure with us. Frank's dedication and hard work has played a key role to building stability in the organization, and we are committed to remaining on track with our financial reporting and ensuring a smooth transition over the coming weeks."
About YANGAROO
Yangaroo is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. Yangaroo's Digital Media Distribution System ("DMDS") platform is a patented cloud-based platform that provides customers with a centralised and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralised digital asset management, delivery and promotion. DMDS is used across the advertising, music, and entertainment awards show markets.
YANGAROO Inc. is a publicly listed company incorporated on July 28, 1999 under the laws of Ontario as Musicrypt.com Inc. and changed to its present name on July 17, 2007. YANGAROO trades on the TSX Venture Exchange ("TSX-V") under the symbol YOO and in the U.S. under OTCPK: YOOIF.
The address of the Company's corporate office and principal place of business is 360 Dufferin Street, Suite 203, Toronto, Ontario, M6K 3G1.
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For YANGAROO Investor Inquiries:
Grant Schuetrumpf
Ph: (416) 534 0607
investors@yangaroo.com
Neither the TSX Venture Exchange nor Its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.