Yorbeau Resources Inc.

Yorbeau Resources is pleased to announce that it has completed the previously announced sale of its Rouyn property to Lac Gold Inc, a Canadian based subsidiary of Lac Gold Pty Ltd. Pursuant to the Transaction, in consideration of a 100% interest in the Property, Lac Gold must pay a purchase price of C$25,000,000 to the Company as follows: C$2,000,000 paid to the Company within 48 hours of signing the asset purchase [...]

Yorbeau Resources is pleased to provide an update on its upcoming exploration on its high-potential strategic metals properties in Beschefer, Selbaie West, and Landrienne. The Company plans to invest nearly $2 million on three properties over the next 18 months. The Company intends to fund these programs using the proceeds of the $1 million private placement of flow-through class A common shares of the Company completed [...]

On October 23, 2024, Henri Gélinas, Chairman of the board of directors of Yorbeau Resources, acquired 1,200,000 class A common shares of Yorbeau. Immediately prior to acquiring the 1,200,000 Common Shares, Mr. Gélinas had beneficial ownership of, or control or direction over, 45,424,115 Common Shares and 500,000 exercisable options to purchase Common Shares, which represented, in the aggregate, approximately 9.9% of the [...]

Yorbeau Resources is pleased to announce that it has signed, on Oct 1, 2024, a definitive asset purchase agreement in the context of a transaction whereby Lac Gold, a Canadian based subsidiary of Lac Gold Pty Ltd newly created for purposes of the Transaction, would, subject to certain conditions, acquire a 100% interest in Yorbeau's Rouyn property. The asset purchase agreement provides that, in consideration of a 100 [...]

Yorbeau Resources is pleased to announce that it has completed a fully-subscribed private placement by issuing 20,000,000 "flow-through" Class A common shares at a price of $0.05 per share for aggregate gross proceeds of $1,000,000. The Company will use the proceeds raised from the issue of the flow-through Class A common shares to incur Canadian exploration expenses on its properties. Five directors subscribed for a [...]

Yorbeau Resources announces that the nominees listed in the Company's management proxy circular dated May 17, 2024 were elected as directors of Yorbeau. The detailed results of the vote for the election of directors held at the annual general meeting of shareholders on June 18, 2024 in Montreal are set out below. Nominee Votes For % For Votes Withheld % Withheld G. Bodnar Jr. 166,664,888 99.86% 230,815 0.14% John Jacobsen [...]

Yorbeau Resources is pleased to announce that it has completed the acquisition of the remaining 20% undivided interest in certain mining claims comprising a portion of the Company's Beschefer property. The Beschefer property is located in northwestern Quebec, approximately 140 kilometers northwest of the town of La Sarre and 190 kilometres west of Matagami. The Beschefer property covers an area of approximately 4,075 [...]

Yorbeau Resources Inc. is pleased to announce that it has completed the third and final tranche of a $1,200,000 private placement by issuing on August 4, 2023, 8,898,333 Class A common shares comprised of 3,668,333 "flow-through" Class A common shares at a price of $0.07 per share and 5,230,000 non-flow-through Class A common shares at a price of $0.035 per share for an aggregate gross proceeds of $439,833. The first and [...]

Yorbeau Resources Inc. , announces that, effective July 21, 2023, it has changed auditors. At the request of the Company, KPMG LLP has resigned as auditor of the Company and Raymond Chabot Grant Thornton S.E.N.C.R.L. has been appointed. There were no reservations in KPMG's reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report [...]

Yorbeau Resources Inc. is pleased to announce that it has completed the first and second tranches of a $1,200,000 private placement by issuing on June 29, 2023, 10,037,381 Class A common shares comprised of 4,121,667 "flow-through" Class A common shares at a price of $0.07 per share and 5,915,714 non-flow-through Class A common shares at a price of $0.035 per share for an aggregate gross proceeds of $495,567 and on June [...]