Yankee Hat Minerals Ltd.
TSX VENTURE : KHT

Yankee Hat Minerals Ltd.

October 18, 2012 17:36 ET

Yankee Hat Minerals Ltd. Announces Settlement of Litigation With Manto Resouces Ltd. Over Fran Claims

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 18, 2012) - Yankee Hat Minerals Ltd. ("Yankee Hat") (TSX VENTURE:KHT) is pleased to announce that it has reached a settlement with Manto Resources Ltd. in respect of its proceedings in the Supreme Court of British Columbia over the Fran mineral claims. The parties expect to execute a formal settlement agreement in due course.

Yankee Hat was represented by Christine J. Duhaime and Alim Khamis of Duhaime Law in respect of the litigation.

ABOUT YANKEE HAT MINERALS LTD.

Yankee Hat is a mineral exploration company based in British Columbia, Canada with mineral interests in several locations in northern Canada. Yankee Hat welcomes the news of the settlement and looks forward to focusing its efforts on managing its exploration operations with a view to growth and expansion.

ON BEHALF OF YANKEE HAT MINERALS LTD.

P. Bradley Kitchen, CEO and Director

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 adequacy or accuracy of this release.

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