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Yangarra Grants Stock Options

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^{Published in Stocks and Investing on Tuesday, March 8th 2011 at 8:45 GMT by Market Wire}  

CALGARY, March 8 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSXV:YGR) announces it has granted options to purchase 2,570,000 common shares at a price of $0.74 per share, pursuant to its stock option plan. The options will vest immediately and will expire March 8, 2016. Officers were granted options on 1,250,000 shares, directors were granted options on 200,000 shares, and the balance of the options were issued to employees and consultants.

All reference to $ (funds) are in Canadian dollars.

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