Yangaroo Announces Reinstatement to Trading on the TSX Venture Exchange, Appointment of CFO and Grant of Restricted Share Units
Yangaroo Announces Reinstatement to Trading on the TSX Venture Exchange, Appointment of CFO and Grant of Restricted Share Units
Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF), ("Yangaroo", "Company"), a software leader in media asset workflow and distribution solutions, is pleased to announce the acceptance by the TSX Venture Exchange (the "Exchange") of its application for reinstatement to trading of its common shares, as well as the appointment of Frank Guo as Chief Financial Officer (CFO).
加拿大安大略省多倫多——(Newsfile Corp. - 2024年7月22日)——YANGAROO公司(TSXV: YOO)(OTC Pink: YOOIF)(“Yangaroo”,“公司”),媒體資產工作流和分發解決方案的軟件領導者,非常高興宣佈其普通股被 TSX 創業板交易所(“交易所”)接受重新上市的申請,並任命 Frank Guo 爲首席財務官(CFO)。
Reinstatement to Trading
重新上市
Further to the Company's news releases dated June 28th and July 19th, 2024, the Exchange has accepted the Company's application for reinstatement to trading of the Company's common shares, which will resume trading on July 23, 2024.
根據公司於 2024 年 6 月 28 日和 7 月 19 日發佈的新聞稿,交易所已接受公司重新上市的普通股的申請,這些股票將於 2024 年 7 月 23 日恢復交易。
CFO Appointment
首席財務官任命
Frank Guo, who was formerly Yangaroo's Chief Financial Officer and currently serves as Yangaroo's Financial Advisor, brings a wealth of experience and a proven track record in financial leadership to the role. His appointment comes as part of Yangaroo's strategic efforts to strengthen its financial management and support the Company's growth initiatives.
Frank Guo 曾擔任 Yangaroo 的首席財務官,目前擔任 Yangaroo 的財務顧問,具有豐富的經驗和在財務領導方面的卓越業績記錄。他的任命是 Yangaroo 戰略努力的一部分,旨在加強其財務管理並支持公司的增長計劃。
Grant Schuetrumpf, who has been serving as interim CFO, has resigned from the interim Chief Financial Role and continues to lead Yangaroo as Chief Executive Officer.
臨時首席財務官 Grant Schuetrumpf 辭去該職務,繼續擔任 Yangaroo 的首席執行官。
Mr. Schuetrumpf commented: "We are delighted that Frank has been reinstated as CFO. Frank's financial expertise has proven to be invaluable as we continue to drive our strategic objectives and enhance shareholder value. His leadership will be instrumental in navigating the Company through its next phase of growth."
Schuetrumpf 先生評論道:“我們很高興 Frank 被重新任命爲首席財務官。Frank 的財務專業知識證明在繼續推動我們的戰略目標和增強股東價值方面是非常有價值的,他的領導將在引領公司邁向下一個增長階段方面起到關鍵作用。”
Mr. Guo expressed his enthusiasm about rejoining Yangaroo as Chief Financial Officer: "I am excited to be reinstated as CFO at Yangaroo and work with the talented team here. I look forward to contributing to the Company's success and supporting our financial and operational goals."
Guo 先生對於重新加入 Yangaroo 擔任首席財務官表示熱情:“我很高興能在 Yangaroo 重新擔任首席財務官,並與這裏的才華橫溢的團隊共事。我期待着爲公司的成功做出貢獻,並支持我們的財務和業務目標。”
The Company has granted 500,000 restricted share units (each an "RSU", collectively the "RSUs") to Mr. Guo in accordance with the terms and conditions of the Company's Omnibus Incentive Plan (the "Plan"). The RSUs vest 100% on July 22, 2026 and will be payable in cash or common shares, or a combination of both, at the discretion of the Company, upon vesting. Following this grant, 500,000 RSUs will be outstanding and 3,870,600 RSUs remain available for grant under the Plan.
公司根據公司的全面激勵計劃(“計劃”)的條款和條件,向 Guo 先生髮放了 500,000 個受限制的股票單位(每個單位稱爲“RSU”,統稱爲“RSUs”)。這些 RSUs 的權益在 2026 年 7 月 22 日全部生效,並在權益實現後由公司自行決定以現金或普通股或兩者的組合支付。此次發放後,將有 500,000 個 RSUs 頒發,並且 Plan 授權其他 3,870,600 個 RSUs。
Yangaroo remains focused on its long-term strategy and growth objectives. The Company is committed to leveraging its industry-leading technology and innovative solutions to deliver exceptional value to its clients and stakeholders.
Yangaroo 仍專注於其長期戰略和增長目標。公司致力於利用其行業領先的技術和創新解決方案,爲客戶和股東提供卓越價值。
About YANGAROO
關於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是媒體和娛樂行業的技術提供商,提供基於雲的軟件平台,用於數字媒體內容的管理和分發。 Yangaroo的數字媒體分發系統("DMDS")平台是一種獲得專利的基於雲的平台,爲客戶提供集中的、完全集成的工作流,直接連接廣播電視臺、數字顯示網絡和視頻發佈者,以進行集中的數字資產管理、交付和推廣。 DMDS用於廣告、音樂和娛樂獎項市場。
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.
YANGAROO股份有限公司是一家於1999年7月28日根據安大略法律成立的上市公司,名爲Musicrypt.com股份有限公司,並於2007年7月17日更名爲現在的名稱YANGAROO。YANGAROO在TSX Venture Exchange("TSX-V")上交易,代碼爲YOO,而在美國則以OTCPK:YOOIF交易。
The address of the Company's corporate office and principal place of business is 360 Dufferin Street, Suite 203, Toronto, Ontario, M6K 3G1.
公司的總部及主要營業場所地址爲360 Dufferin Street,Suite 203,多倫多,安大略省,M6K 3G1。
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For YANGAROO Investor Inquiries:
Grant Schuetrumpf
Ph: (416) 534 0607
investors@yangaroo.com
對於YANGAROO投資者詢問:
Grant Schuetrumpf
電話:(416)534 0607
投資者: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.
TSX Venture Exchange及其監管服務提供者(該術語定義見TSX Venture Exchange的規定)不接受本發佈的準確性負責。
Cautionary Note Regarding Forward-looking Statements
關於前瞻性聲明的警告
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.
本新聞稿包含某些前瞻性聲明和前瞻性信息(統稱爲"前瞻性聲明"),涉及適用的加拿大證券法規。除現時或歷史事實陳述外,所有陳述均屬於前瞻性聲明。前瞻性聲明通常可採用"預計"、"實現"、"可能"、"相信"、"計劃"、"意圖"、"客觀"、"連續"、"持續"、"估計"、"展望"、"預期"、"可能"、"將"、"項目"、"應該"或類似的用語,包括否定這些用語,建議未來的結果。
Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements. Yangaroo is making forward-looking statements with respect to: the role of CFO; the terms of the RSUs and remaining RSUs available for grant; and the date for reinstatement to trading of the Company's common shares.
前瞻性聲明受到已知和未知的風險、不確定性和其他因素的影響,其中許多因素超出了 YANGAROO 的控制範圍,這可能導致 YANGAROO 的實際結果、活動水平、表現或成就與此類前瞻性聲明所表達或暗示的結果、活動水平、表現或成就有實質性的不同。關於 CFO 角色、RSUs 的條款和剩餘的可授權 RSUs 以及公司普通股重新上市的日期,Yangaroo 正在做出前瞻性陳述。
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
前瞻性聲明並非未來業績的保證,涉及許多風險和不確定性,其中一些在此描述。這樣的前瞻性聲明必然涉及已知和未知的風險和不確定性,可能導致YANGAROO的實際表現和結果與所表達或暗示的實際表現或結果形成實質性差異。任何前瞻性聲明都是自本日起做出的,除非法律要求,否則YANGAROO不承擔任何公開更新或修改此類聲明以反映新信息、隨後或其他方面的義務。