Yorbeau Resources Inc.

]Yorbeau Resources Inc. is pleased to announce that it has completed a private placement by issuing 18,410,000 Class A common shares at a price of $0.05 per share for gross proceeds of $920,500.00. The Company paid a finder's fee and a brokerage commission totaling 7% with respect to a portion of the Private Placement representing $750,000.00. The [...]

Yorbeau Resources Inc. is pleased to announce that, at the special meeting of shareholders held today, it has received the approval of its Class A common shareholders for the potential sale of a 100% interest in Yorbeau's Rouyn property upon the exercise of an option to purchase such interest granted by Yorbeau to IAMGold Corp. . A definitive [...]

 Yorbeau Resources Inc. is pleased to announce that it has signed a definitive option agreement with IAMGold Corp. , whereby IAMGOLD has an option to acquire a 100% interest in Yorbeau's Rouyn property in Quebec, Canada. The definitive option agreement provides that, subject to certain conditions, IAMGOLD would make certain cash payments and incur [...]

 Yorbeau Resources Inc. announces today that further to its press release dated October 25, 2018, the Company mailed its management information circular and related voting materials on November 21, 2018 to shareholders of record as of November 12, 2018 in connection with the upcoming special meeting of the Shareholders of Yorbeau . The Meeting is [...]

 Yorbeau Resources Inc. is pleased to announce that it has signed a non-binding letter of intent with IAMGold Corp. with respect to an option to acquire a 100% interest in Yorbeau's Rouyn property in Quebec, Canada. The LOI outlines what would be mutually acceptable principal terms for a definitive option agreement under which, subject to certain [...]

Yorbeau Resources announces that the nominees listed in the Company's management proxy circular dated May 18, 2018 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 21, 2018 in Montreal are set out below.   Nominee Votes For % For Votes [...]

Yorbeau Resources Inc. is pleased to announce that it has filed on SEDAR a Technical Report in compliance with National Instrument 43-101 on a Preliminary Economic Assessment of the Company's 100% owned Scott Lake Project near Chibougamau, Quebec. The Technical Report was prepared by Roscoe Postle Associates Inc. .  Under the base case PEA, the [...]

Yorbeau Resources Inc. is pleased to announce the acquisition of the KB property located in McCorkill township 35 kilometres east of the town of Chibougamau. The property is comprised of 30 claims covering 16.7 square kilometres located in the eastern limit of the Abitibi belt of Quebec . The property is easily accessible through an excellent [...]

Yorbeau Resources Inc. announces that it has been advised by KG Exploration Inc., an affiliate of Kinross Gold Corp. , that it will terminate its option to purchase a 100% interest in Yorbeau's Rouyn Property. As a part of an option agreement , Kinross had committed to spend C$3 million in exploration on the Property in the first 18 months [...]

all values in Canadian $'s unless noted otherwise) Base Case: All Ramp Scenario with New Concentrator at Mine Site Net Cash Flow - Pre-tax Net Cash Flow of $515.8 million IRR - Pre-tax IRR of 16.5% with a 6-year payback NPV - Pre-tax NPV of $144.0 million Operating Costs - Life of mine Opex Costs of $89.02/ton...