Yangarra Announces Voting Results from the Annual and Special Meeting

CALGARY, May 15, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the voting results from its Annual and Special Meeting of shareholders held in Calgary, Alberta on May 15, 2017 (the "Meeting"). Each of the matters voted on at the Meeting is outlined in the Information Circular dated April 10, 2017 and is available on SEDAR at www.sedar.com.

The voting results for each matter presented at the Meeting are below:

Fixing Number of Directors

A resolution asking shareholders to fix the number of directors to be elected at five was approved with 99.71 percent of votes cast in favour.

Election of Directors

The following five nominees were elected as directors of Yangarra to serve until the next Meeting or until their successors are elected or appointed:

Nominee		Percentage of Votes in Favour
James G. Evaskevich		98.67
Gordon A. Bowerman		91.25
Robert D. Weir		91.24
Frederick L. Morton		91.25
Neil M. MacKenzie		91.24

Appointment of Auditors

The appointment of MNP LLP, Chartered Accountants, to serve as the Auditors of the Corporation until the close of the next annual meeting, at remuneration to be fixed by the directors was approved with 100 percent of votes cast in favour.

Stock Option Plan

The resolution relating to the approval of the stock option plan was approved with 70.47 percent of votes cast in favour.

Neither the TSX nor its Regulation Service Provider (as that term is defined in the Policies of the TSX) accepts responsibility for the adequacy and accuracy of this release.  

SOURCE Yangarra Resources Ltd.

Jim Evaskevich, President and Chief Executive Officer, [phone].