Yorbeau Announces Senior Management Changes
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
111279475 v3
PRESS RELEASE
FOR IMMEDIATE RELEASE
YORBEAU ANNOUNCES SENIOR MANAGEMENT CHANGES
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Montreal, December 20, 2019 - Yorbeau Resources Inc. (TSX: YRB) (the " Company" or " Yorbeau")
today announces that Amit Gupta, Chief Executive Officer and Ch airman of the Board of the Company,
has tendered his resignation as Chief Executive Officer, effect ive the date hereof. Mr. Gupta will remain
with Yorbeau as a director and Chairman of the Board.
The Company would like to thank Mr. Gupta for his leadership and contributions.
The Company has commenced a formal search for a new Chief Execu tive Officer and expects to
announce a permanent successor in the near future. In the inter im, Terry Kocisko, director, will assume
the position of Interim Chief Executive Officer.
About Yorbeau Resources Inc.
Yorbeau Resources is a diversifi ed mining exploration company w ith an enviable portfolio of exploration
properties in Quebec. The exploration projects comprise both go ld and base metal projects, and the
strategic focus of the Company is on projects located in areas easily accessible and with infrastructure.
The wholly-owned Rouyn Property is the Company’s main gold asse t and contains four known gold
deposits in the 6 km long Augmitto -Astoria corridor situated on the western portion of the property. The
Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire
a 100% interest in the Rouyn prop erty, where very encouraging d rilling results were obtained in 2019.
The base metal assets include the Scott Project, which bears im portant mineral resources (see the press
release dated March 30, 2017) and on which a positive Prelimina ry Economic Assessment was recently
completed.
For additional information on the Company, consult its website at www.yorbeauresources.com.
For further information, please contact:
G é r a l d R i v e r i n , P h D , P . G e o G . Bodnar Jr.
President, Yorbeau Resources Inc. Vice-President,
Y o r b e a u R e s o u r c e s I n c . Y o r b e a u R e s o u r c e s I n c .
[email protected] [email protected]
Tel: 819-279-1336 T e l : 514-384-2202
Toll free in North America: 1-855-384-2202
Forward-looking statements: Except for statement of historical fact, all statements in this news release,
including, without limitation, statements regarding the management succession planning of the Company,
are forward-looking statements which involve risks and uncertainties. There can be no assurance that
such statements will prove to be a ccurate; actual results and future events could differ materially from
those anticipated in such statement s. Yorbeau disclaims any obligati on to update such forward-looking
statements, other than as required by applicable securities laws.