Mr. Jim Evaskevich reports

YANGARRA ANNOUNCES VOTING RESULTS FROM THE ANNUAL AND SPECIAL MEETING

Yangarra Resources Ltd. has released the voting results from its annual and special meeting of shareholders held in Calgary, Alta., on April 27, 2023. Each of the matters voted on at the meeting is outlined in the information circular dated March 13, 2023, and is available on SEDAR.

The voting results for each matter presented at the meeting are set out herein.

Fixing number of directors

A resolution asking shareholders to fix the number of directors to be elected at seven was approved.

Election of directors

Seven nominees were elected as directors of Yangarra to serve until the next meeting or until their successors are elected or appointed.

          VOTING RESULTS FOR DIRECTORS

Nominee             Percentage of votes in favour

Dale A. Miller                              78.75                        
Frederick L. Morton                         91.50                        
Gordon A. Bowerman                          81.21                        
James G. Evaskevich                         92.93                        
Neil M. MacKenzie                           92.31                        
Penelope D.S. Payne                         92.71                        
Robert D. Weir                              92.64                        

Appointment of auditor

The appointment of MNP LLP, chartered accountants, to serve as the auditor of the corporation until the close of the next annual meeting, at a remuneration to be fixed by the directors, was approved.

Restricted share unit plan

The resolution relating to the approval of the new restricted share unit plan was approved.