Yorbeau Closes First Tranche of a Private Placement
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
YORBEAU CLOSES FIRST TRANCHE OF A PRIVATE PLACEMENT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Montreal, June 15, 2017 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is
pleased to announce that it has completed the fi rst tranche of a $1,500,000 non-brokered private
placement by issuing 11,999,285 common shares at a price of $0.105 per share for gross proceeds of
$1,259,924.92. EMD Financial Inc. acted as finder in connection with such private placement.
The Company will use the proceeds raised from the issue of the flow-throu gh common shares to incur
Canadian exploration expenses on its properties.
The Company also announced that its ticker for tr ading on the Toronto Stock Exchange, which is
currently “YRB.A”, will be modified to “YRB” effective at the opening of markets on June 30, 2017.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securitie s have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may not be offered or
sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S
under the 1933 Act) absent such registration or an applicable exemption from such registration
requirements.
About Yorbeau Resources Inc.
The Company's 100% controlled Rouyn Property cont ains 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 unde rground infrastructure and have been the subject of NI 43-101
technical reports that include resource estimates. Th e Company has signed an Op tion 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 expande d 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 deve lopment. 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
President
Yorbeau Resources Inc.
G. Bodnar Jr.
Vice President, Chief Financial Officer
Yorbeau Resources Inc.
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
Tel : 819-279-1336 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,
without limitation, regarding the aggregate size of th e 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.