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YANGAROO reports record annual and fourth quarter results

Annual Revenues up 80%, Q4 Revenues Up 80%, Expenses Down 26%

TORONTO April 24, 2012 YANGAROO Inc. December 31, 2011 $455,756 $1,449,891

Canada Canada Australia

December 31, 2011 $600,000 $2,803,383 $4,946,943 $620,859 $643,399 $2,104,555

Gary Moss

December 31

$CDN Year 4th Quarter
  2011 2010 2011 2010
Revenue 1,449,891 806,492 455,756 252,939
Interest income 4,201 4,327 1,613 1,474
EBITDA (3,517,394) (4,280,013) 338,358 (2,410,671)
Net loss for the period (4,613,295) (5,090,497) (298,312) (2,626,667)
Loss per share (basic & diluted) (0.04) (0.06) (0.002) (0.02)

www.yangaroo.com www.sedar.com

About YANGAROO:
North America’s

Canada’s Toronto New York Los Angeles Dallas

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. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

SOURCE YANGAROO Inc.

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