Yangaroo Announces Reinstatement to Trading on the TSX Venture Exchange, Appointment of CFO and Grant of Restricted Share Units

Yangaroo Inc. (TSXV: YOO) (OTC Pink: YOOIF), a software leader in media asset workflow and distribution solutions, has announced two significant developments. Firstly, the TSX Venture Exchange has accepted the company’s application for reinstatement to trading, with shares set to resume trading on July 23, 2024. Secondly, Frank Guo has been appointed as Chief Financial Officer (CFO), replacing Grant Schuetrumpf who will continue as CEO.

Mr. Guo, previously Yangaroo’s CFO and Financial Advisor, brings extensive financial leadership experience to support the company’s growth initiatives. In connection with his appointment, Yangaroo has granted Guo 500,000 restricted share units (RSUs), vesting on July 22, 2026. These developments are part of Yangaroo’s strategic efforts to strengthen its financial management and enhance shareholder value.