Yorbeau Closes Private Placement

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 01/06/15 -- 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 . The raison d'etre 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.
Contacts:
Yorbeau Resources Inc.
Gerald Riverin, Ph D., P. Geo
President
819-279-1336
Yorbeau Resources Inc.
G. Bodnar Jr.
Director
514-384-2202 or Toll free in North America: 1-855-384-2202
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Bereitgestellt von Benutzer: Marketwired
Datum: 06.01.2015 - 22:57 Uhr
Sprache: Deutsch
News-ID 362714
Anzahl Zeichen: 0
contact information:
Town:
MONTREAL, QUEBEC
Kategorie:
Mining & Metals
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"Yorbeau Closes Private Placement"
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