Yorbeau Resources Inc. Announces Election of Directors

PRESS RELEASE

FOR IMMEDIATE RELEASE

YORBEAU RESOURCES INC.

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

www.yorbeauresources.com

YORBEAU RESOURCES INC. ANNOUNCES ELECTION OF DIRECTORS

Montreal, Quebec, June 29, 2021 – Yorbeau Resources Inc. (TSX: YRB) (“ Yorbeau” or the

“Company”) announces that the nominees listed in the Company ’s management proxy circular

dated June 2, 2021 were elected as directors of Yorbeau. The detailed results of the vote for the

election of directors held at the annual general meeting of s hareholders on June 29, 2021 in

Montreal are set out below.

Nominee Votes

For

%

For

Votes

Withheld

%

Withheld

Georges Bodnar Jr. 92,767,484 99.79% 195,750 0.21%

John Jacobsen 92,870,430 99.90% 92,804 0.10%

Henri Gélinas 82,687,727 88.95% 10,257,507 11.05%

Terry Kocisko 82,468,573 88.71% 10,494,661 11.29%

Marcel Lecourt 92,728,330 99.75% 234,904 0.25%

Jérôme Gendron 92,874,034 99.90% 89,200 0.10%

Dany Laflamme 92,874,034 99.90% 89,200 0.10%

About Yorbeau Resources Inc.

The Rouyn Property, wholly owned by the Company, 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 property, and a major drilling program is underway. Two

of the four deposits, Astoria and Augmitto, benefit from substantial underground infrastructure

and have been the subject of technical reports that include resource estimates and that were

filed in accordance with Regulation 43-101. In 2015, the Company expanded its exploration

property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi

Belt of Quebec and Ontario that feature an infrastructure f avourable for mining development.

The newly acquired base metal properties 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.

YORBEAU RESOURCES INC.

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

www.yorbeauresources.com

For further information, please contact:

G. Bodnar Jr. Sylvain Lépine, M.Sc, P. Geo

President, Chief Financial Officer Vice-President, Exploration

Yorbeau Resources Inc. Yorbeau Resources Inc.

[email protected] [email protected]

Tel: 514-384-2202 Tel: 819-277-0577

Toll free in North America: 1-855-384-2202