Yankee Hat Minerals Ltd.
TSX VENTURE : KHT

Yankee Hat Minerals Ltd.

December 18, 2009 13:08 ET

Yankee Hat Minerals Ltd.: Results of Annual General Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 18, 2009) - Yankee Hat Minerals Ltd. ("Yankee Hat" or the "Company") (TSX VENTURE:KHT) announces that at the Company's Annual General Meeting held on December 16th, 2009, shareholders re-elected P. Bradley Kitchen, Terence Schorn and Terry Fields to the Board of Directors for the upcoming year. Motions approving the reappointment of BDO Dunwoody LLP as auditors, approving the Incentive Stock Option Plan and the setting of the number of directors at five (5) were also approved by the Company's shareholders.

Additionally, the shareholders of Yankee Hat have also approved, at the discretion of management, the possible consolidation of the Company's issued shares on the basis of up to five (5) pre-consolidation common shares for one (1) post-consolidation common share.

All resolutions submitted by the Company's management to shareholders for consideration were approved as presented. The Incentive Stock Option Plan and the possible share consolidation will remain subject to TSX Venture Exchange approval.

About Yankee Hat Minerals Ltd.

Yankee Hat Minerals Ltd. is a publicly held resource company that utilizes its management's expertise in mineral exploration and evaluation, and financial acumen, to identify, acquire, and develop mineral prospects in mining friendly jurisdictions with the potential to host large-scale discoveries. The company strategically focuses on advanced stage projects and commodities that have strong underlying price fundamentals such as tungsten, rare earth elements and copper.

ON BEHALF OF THE BOARD OF DIRECTORS

"P. Bradley Kitchen"

P. Bradley Kitchen

President, CEO, and Director

Neither 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 adequacy or accuracy of this release.

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