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Yorbeau Resources (TSX:YRB) closes non-brokered private placement

Mining
TSX:YRB
03 October 2022 09:15 (EDT)

Source: Yorbeau Resources

Yorbeau Resources (YRB) has completed a fully-subscribed private placement for gross proceeds of $1,000,000.00.

The company issued 12,500,000 “flow-through” Class A common shares and 12,500,000 non-flow-through Class A common shares. 

Proceeds will be used for exploration expenses and general corporate purposes. Yorbeau Resources Inc is involved in exploring mineral properties in Quebec. The company’s project includes Rouyn Ellison, Beschefer, and Scott Lake.

Yorbeau Resources Inc. (YRB) opened trading at C$0.035.


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