MONTREAL, QUEBEC--(Marketwire - July 8, 2011) - Yorbeau Resources Inc. ("Yorbeau"' or the "Company") (TSX:YRB.A) has noted increased activity in trading of the Company's shares and an increase in its share price. At the request of IIROC on behalf of the Toronto Stock Exchange, Yorbeau confirms that the Company's management is not aware of any information that would be the cause of such activity or increase.
The Company has commissioned a 43-101 resource calculation on the Augmitto Block of its Rouyn property (see press release of May 10, 2011) that was expected to be completed in June. Due to delays in assay turn-around times, the results are now expected in the coming weeks but the Company's management has not been informed of any results of the on-going calculation.
About Yorbeau Resources Inc.
The raison d'être of Yorbeau is to identify a world class gold deposit in a major mining camp. Against the backdrop of a market that is steadily more welcoming for gold, Yorbeau is poised to significantly increase the known gold resources on its properties in Northern Quebec.
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.
Contact Information:
President and CEO
Yorbeau Resources Inc.
tlrobyn@yorbeauresources.com
(514) 384-2202
Toll free in North America: 1-855-384-2202
David Crevier
Chairman of the Board
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
(514) 284-3663
G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
(514) 384-2202
Toll free in North America: 1-855-384-2202