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TORONTO, ON--(Marketwired - July 08, 2016) - YANGAROO Inc. (TSX VENTURE: YOO) (OTCBB: YOOIF), the industry's leading secure digital media management and distribution company (the "Company"), is pleased to announce that it has closed its first tranche (the "First Tranche") of a non-brokered private placement financing (the "Private Placement") of a minimum of $500,000 and up to $750,000 through the issuance of a minimum of 3,846,153 and a maximum of 5,769,231 units (the "Units") at $0.13 per Unit, each consisting of one common share (each a "Common Share") and one half of one warrant (each the "Warrant", collectively the "Warrants"), each Warrant exercisable for a period of 36 months at a price of $0.20 per Warrant. |
