Yorbeau Resources Inc. and Cancor Mines Inc. Announce Completion of Business Combination

PRESS RELEASE FOR IMMEDIATE RELEASE

YORBEAU RESOURCES INC. AND CANCOR MINES INC. ANNOUNCE COMPLETION OF BUSINESS COMBINATION

Montreal, Quebec, May 29, 2014 – Yorbeau Resources Inc. (TSX :YRB.A) ("Yorbeau") and Cancor Mines Inc. are pleased to announce that the business combination previously announced by press releases dated February 18, 2014 and May 27, 2014 has been completed effective May 28, 2014. The company resulting from the amalgamation is named Cancor Mines Inc. and is a wholly-owned subsidiary of Yorbeau.

On behalf of the Boards of Directors:

David Crevier, President and Chief Executive Officer, Yorbeau Resources Inc.

Tel: 514-284-3663

G. Bodnar Jr., President, Cancor Mines Inc.

Tel: 514-849-3013

YORBEAU RESOURCES INC.

110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9

www.yorbeauresources.com