YANGAROO Grants Stock Options
September 17 2020 - 1:00PM
YANGAROO Inc. (“Yangaroo”, “Company”), (TSX-V:
YOO, OTCBB: YOOIF), the software leader in work-flow management and
media distribution solutions, is pleased to announce a grant of
stock options (the “Options”) in accordance with the terms and
conditions of the Company’s Stock Option Plan to certain directors
of the Company, to purchase an aggregate of 70,000 common shares in
the capital stock of the Company.
The Options are exercisable for a period of five
years from the date of grant at a price of $0.105 per share.
Following 10% of the Options vesting on the date of grant, the
remaining 90% will vest as to a third on each 6-month anniversary
following the date of grant.
Subject to acceptance by the TSX Venture
Exchange, this grant of options will result in a total of 6,952,500
options issued and outstanding.
About YANGAROO:Yangaroo is a
software leader in work-flow management for advertising, music, and
awards industries. YANGAROO’s patented Digital Media Distribution
System is a leading secure business to business cloud-based
solution that provides clearance, delivery, and secure API
integration for various work-flow challenges in media
distribution.
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 YANGAROO Investor
Inquiries:Gary MossPhone: (416)
534-0607gary.moss@yangaroo.com
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