VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Mar 24, 2008 -- Yankee Hat Minerals Ltd. (CDNX:KHT.V - News) ("Yankee Hat" or the "Company") announces the resignations of Donald Gee and Patrick McAndless from the Board of Directors. The Company would like to thank both gentlemen for their efforts in building a strong foundation on which the Company can now begin to build. The Board currently consists of independent directors Terence Schorn, also Chairman and Qualified Person as defined by the TSX Venture Exchange and Terry Fields. The third director is Brad Kitchen, President and C.E.O. The Company is looking to bring on new Board members to complement the Company's expansion objectives.

Also the Company has granted 1.175 million options exercisable into common shares of the Company at a price of $0.15 per share. Terence Schorn, Chairman of the Company has been granted 300,000 options and Cale Thomas, CFO has been granted 250,000 options. These options were granted on March 17, 2008 under the Yankee Hat's option plan and will expire in five years. The remaining options have been granted to consultants and will expire in two years. The issuance of these options is subject to TSX Venture Exchange approval.

ON BEHALF OF THE BOARD OF DIRECTORS

P. Bradley Kitchen, President, Director

     Contacts:
     Yankee Hat Minerals Ltd.
     Brad Kitchen
     President, Director
     (604) 637-3114
     Website: http://www.yankeehatminerals.com
      
     Bay Street Connect
     Gus Garisto
     (416) 805-3106