Yorbeau Resources Inc.
TSX : YRB.A

Yorbeau Resources Inc.

January 06, 2015 17:57 ET

Yorbeau Closes Private Placement

MONTREAL, QUEBEC--(Marketwired - Jan. 6, 2015) - Yorbeau Resources Inc. (the "Company") (TSX:YRB.A) is pleased to announce that it has completed a non-brokered private placement of 4,210,000 flow-through common shares at a price of $0.08 per share for gross proceeds of $336,800.

The Company will use the proceeds raised from the issue of the flow-through common shares to incur Canadian exploration expenses on its properties.

About Yorbeau Resources Inc.

The Company's 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates.

More information on the Company may be found on the Company's website at www.yorbeauresources.com. The raison d'être of Yorbeau is to identify a world class gold deposit in a major mining camp.

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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