Yorbeau Resources Inc. Announces Election of Directors
MONTREAL, QUEBEC - June 28, 2017 - Yorbeau Resources Inc. (TSX:YRB.A) ("Yorbeau" or the "Company") announces that the nominees listed in the Company's management proxy circular dated May 19, 2017 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 22, 2017 in Montreal are set out below.
|Nominee||Votes For||% For||Votes Withheld||% Withheld|
|Georges Bodnar Jr.||128,020,602||92.31||10,665,589||7.69|
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 subject of NI 43-101 technical reports that include resource estimates. The Company recently announced signing an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources (see press release dated March 30, 2017).
More information on the Company may be found on the Company's website at www.yorbeauresources.com.
For further information, please contact:
Gérald Riverin, Ph D., P. Geo
Yorbeau Resources Inc.
Tel : 819-279-1336
G. Bodnar Jr.
Yorbeau Resources Inc.
Toll free in North America: 1-855-384-2202
Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding the aggregate size of the private placement and the use of proceeds of the private placement 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.