Acquisition of Common Shares of Yorbeau Resources Inc. BY Henri Gélinas, Chairman

ACQUISITION OF COMMON SHARES OF YORBEAU RESOURCES INC. BY HENRI GÉLINAS,

CHAIRMAN

Montreal, October 24, 2024 – On October 23, 2024, Henri Gélinas, Chairman of the board of directors of

Yorbeau Resources Inc. (“ Yorbeau”) (TSX: YRB), acquired 1,200,000 class A common shares of

Yorbeau (“Common Shares”).

Immediately prior to acquiring the 1,200,000 Comm on Shares, Mr. Gélinas had beneficial ownership of,

or control or direction over, 45,424,115 Common S hares and 500,000 exercisable options to purchase

Common Shares, which represented, in the aggregate, approximately 9.9% of the issued and outstanding

Common Shares of Yorbeau on a partially diluted basis. The 1,200,000 acquired Common Shares were

acquired through the facilities of the Toronto Stoc k Exchange at a price of C$0.045 per Common Share

and an aggregate purchase price of C$54,000. Immediately following the acquisition of the 1,200,000

Common Shares, Mr. Gélinas had beneficial ownership of, or control or direction over, 46,624,115

Common Shares and 500,000 exercisable options to purchase Common Shares, representing, in the

aggregate, approximately 10.2% of the issued and outstanding Common Shares of Yorbeau on a partially

diluted basis.

Mr. Gélinas acquired the Common Shares for investm ent purposes and may from time to time acquire

further Common Shares, or dispose of Common Shares , in each case subject to market, economic and

other relevant conditions.

Yorbeau’s head office is located at 50 Place Crémazie, Suite 403, Montréal, Québec H2P 2T1, Canada.

For inquiries or to obtain a copy of the related early warning report required under applicable Canadian

securities legislation, a copy of which has also been filed on Yorbeau’s profile on SEDAR+ at

www.sedarplus.ca, please contac t: G. Bodnar Jr., President and Chief Financial Officer, at

(514) 384-2202