Yankee Hat Minerals Ltd.: Results of Annual General Meeting

Yankee Hat Minerals Ltd. ("Yankee Hat" or the "Company") (TSX VENTURE:KHT)
announces that at the Company's Annual and Special General Meeting held on
December 20th, 2011, shareholders re-elected P. Bradley Kitchen, Terence Schorn
and Jason Scharfe 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 three
(3) 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 twenty-five (25) pre-consolidation common shares
for one (1) post-consolidated common share.


All resolutions submitted by 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, CEO and Director