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Yorbeau Announces Senior Management Changes

Management Changes

YORBEAU RESOURCES INC.

110 Place Crémazie, Suite 503, Montréal, QC, H2P 1B9

www.yorbeauresources.com

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, January 20, 2020 - Yorbeau Resources Inc. (TSX: YRB) (the “Company” or “Yorbeau”) today

announces that Gérald Riverin, President of the Company, has announced his intention to retire from his

management duties at the Company , effective as of January 31, 2020. Mr. Riverin will remain with

Yorbeau as a director of the board of the Company.

All of whom worked with Mr. Riverin at the Company would like to thank him for his efforts and his

dedication during his tenure as President.

Mr. Georges Bodnar Jr., currently Vice- President and Chief Financial Officer, will assume the position of

President upon Mr. Riverin’s departure, in addition to maintaining his position as Chief Financial Officer.

“We are very grateful to Gérald for his contributions to Yorbeau over the past years, ” commented Terry

Kocisko, Interim Chief Executive Officer . “He has played an important role in the exploration of the

Company’s properties and we wish him all the best in his well-deserved upcoming retirement.”

About Yorbeau Resources Inc.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration

properties in Quebec. The exploration projects comprise both gold 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 asset and contains four known gold

deposits in the 6 km long Augmitto- Astoria corridor situated on th e 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 property, where very encouraging drilling results were obtained in 2019.

The base metal assets include the Scott Project, which bears important mineral resources (see the press

release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently

completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

Georges Bodnar Jr.

Chief Financial Officer,

Yorbeau Resources Inc.

[email protected]

Tel: 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 ri sks and uncertainties. There can be no assurance that

YORBEAU RESOURCES INC.

110 Place Crémazie, Suite 503, Montréal, QC, H2P 1B9

www.yorbeauresources.com

such statements will prove to be accurate; actual results and future events could differ materially from

those anticipated in such statements. Yorbeau disclaims any obligation to update such forward- looking

statements, other than as required by applicable securities laws.