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Message: Yankee Hat Issues Shares for Debt

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Yankee Hat Issues Shares for Debt

posted on May 29, 09 02:13AM

May 28, 2009

Yankee Hat Issues Shares for Debt

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 28, 2009) - Yankee Hat Minerals Ltd. ("Yankee Hat" or the "Company") (TSX VENTURE:KHT) - Further to our news release of March 11, 2009, the Company announces that the TSX Venture Exchange has accepted filing for a second shares for debt transaction. The Company has issued 2,824,298 common shares to extinguish $141,214.88 of debt.

Following this debt settlement Yankee Hat will have 80,278,836 common shares issued and outstanding.

ON BEHALF OF THE BOARD OF DIRECTORS

P. Bradley Kitchen, President, CEO, and Director

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