Yorbeau Resources Inc. announces the election of directors

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MONTREAL, June 14, 2022 (GLOBE NEWSWIRE) — Yorbeau Resources Inc. (TSX: YRB) (“Yorbeau« or the »Company”) announces that the nominees listed in the Company’s management proxy circular dated May 13, 2022 have been 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 14, 2022 in Montreal are presented below.

Candidate Voting
For
%
For
Voting
Withheld
%
Withheld
G. Bodnar Jr.158 124 48493.82%10,415,0076.18%
John Jacobsen168 528 84199.99%10,6500.01%
Henri Gelinas158 124 48493.82%10,415,0076.18%
Terry Kocisko158 126 28493.82%10,413,2076.18%
Marcel Lecourt168 501 39199.98%38 1000.02%
Jerome Gendron168 525 59199.99%13,9000.01%
Dany Laflamme168 525 84199.99%13,6500.01%

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About Yorbeau Resources Inc.

The Rouyn property, 100% owned by the Company, contains four known gold deposits in the 6 km long Augmitto-Astoria corridor located on the western part of the property. The Company signed a definitive agreement in December 2018, under which IAMGOLD has the option to acquire a 100% interest in the Rouyn property, and a major drilling program is underway. Two of the four deposits, Astoria and Augmitto, benefit from significant underground infrastructure and have been the subject of technical reports which include resource estimates and which have been filed in accordance with NI 43-101. In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi belt in Quebec and Ontario that present favorable infrastructure for mining development. Newly acquired base metal properties include the Scott Project, which contains significant mineral resources (see March 30, 2017 press release) and on which a positive preliminary economic assessment was recently completed.

For more information about the Company, visit its website at www.yorbeauresources.com.

For more information, please contact:

G. Bodnar Jr.
President, Chief Financial Officer
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel: 514-384-2202

Toll free in North America: 1-855-384-2202

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