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Yorbeau Resources Inc(YRB-T)
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Yorbeau Closes Non-Brokered Private Placement

Globe Newswire - Thu Dec 9, 2021

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

MONTREAL, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") is pleased to announce that it has completed a fully-subscribed private placement (the "Private Placement") by issuing 26,666,680 Class A common shares composed of (i) 13,333,340 "flow-through" Class A common shares at a price of $0.05 per share and (ii) 13,333,340 non-flow-through Class A common shares at a price of $0.04 per share for an aggregate gross proceeds of $1,200,000.60.

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