In the same category

Yorbeau Resources Inc.

Published : February 14th, 2014

Closes Second Tranche of Private Placement

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold |
Marketwired
 
 
Yorbeau Resources Inc.
TSX: YRB.A
Other Recent News | Printer Friendly Version

February 14, 2014
Yorbeau Closes Second Tranche of Private Placement
MONTREAL, QUEBEC--(Marketwired - Feb. 14, 2014) - Yorbeau Resources Inc. (TSX:YRB.A) (the "Company") is pleased to announce that it has completed a second tranche of its previously announced private placement (see press release dated January 28, 2014) by issuing an additional 1,111,112 units at a price of $0.18 per unit for gross proceeds of $200,000. To date, the Company has raised gross proceeds of $1.2 M under the current financing.

About Yorbeau Resources Inc.

The Company's 100% controlled Rouyn Property contains 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 underground infrastructure and have been the focus of NI 43-101 technical reports.

As previously announced, in May of 2013 Yorbeau entered into an option and joint venture agreement with Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited ("Gold Fields") relating to the Rouyn Property. Under the agreement Gold Fields has a firm commitment to incur $4 M in expenditures on the Property prior to the end of 2014. For more information on the option and joint venture agreement, see the Company's press releases dated May 22, 2013 and June 26, 2013.

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives 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.

CONTACT INFORMATION:
David Crevier
President and CEO
Yorbeau Resources Inc.
514-284-3663
dcrevier@yorbeauresources.com

or

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
514-384-2202
Toll free in North America: 1-855-384-2202
gbodnar@yorbeauresources.com
INDUSTRY: Manufacturing and Production - Mining and Metals

If you no longer want to receive announcements from us, please do not reply to this e-mail. Instead simply click .

Yorbeau Resources Inc.

EXPLORATION STAGE
CODE : YRB-A.TO
ISIN : CA9861913023
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Yorbeau is a gold exploration company based in Canada.

Yorbeau holds various exploration projects in Canada.

Its main exploration properties are ROUYN, ASTORIA, AUGMITTO & CINDERELLA, LAKE GAMBLE BLOCK, BESCHEFER and ELLISON in Canada.

Yorbeau is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 22.4 millions as of today (US$ 17.5 millions, € 15.3 millions).

Its stock quote reached its highest recent level on December 29, 2000 at CA$ 1.80, and its lowest recent point on April 24, 2015 at CA$ 0.04.

Yorbeau has 263 440 266 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Yorbeau Resources Inc.
1/30/2019Yorbeau resumes drilling at Scott project
Annual reports of Yorbeau Resources Inc.
Annuala Report 2007
Financings of Yorbeau Resources Inc.
2/14/2014Closes Second Tranche of Private Placement
1/28/2014Closes First Tranche of Private Placement
12/21/2011YORBEAU CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
1/25/2010Closes Third Tranche of Private Placement
12/18/2009Closes Second Tranche of Private Placement
12/8/2009Closes First Tranche of Private Placement
5/20/2009Closes Private Placement at $0.28 per Share
5/3/2007Announces a $5,000,000 Private Placement
Nominations of Yorbeau Resources Inc.
8/17/2016Yorbeau announces resignation of director
10/31/2007 Appoints Thomas Robyn as President a =?ISO-8859-1?Q?nd=20CE...
Project news of Yorbeau Resources Inc.
6/13/2016Yorbeau reports 4.6 metres of 19.4% zinc at Scott Project an...
1/24/2013Intercepts 5=2E6 g/t Au Over 6=2E0 Metres and Increases Mine...
10/23/2012Intercepts 35=2E0 g/t Au Over 3=2E0 Metres and 4=2E3 g/t Au ...
5/31/2011(Astoria)Continues Drill Testing of Augmitto-Astoria Corridor
5/13/2011(Augmitto & Cinderella)Yorbeau Engages Roscoe Postle Associates Inc. for Resource ...
5/26/2010(Rouyn)Intersects 33 Metres of Gold Mineralization With Thickest In...
4/20/2010(Astoria)High Gold Grades at Yorbeau's Rouyn Property in the Lake Gam...
2/25/2010(Rouyn)Update on 2010 Drilling Program
1/21/2010(Astoria)Initiates 2010 Drilling Program With Two Drill Rigs
9/10/2009(Augmitto & Cinderella)Drilling Activity Update
8/7/2009(Augmitto & Cinderella)Continues Drilling With Two Rigs
2/11/2009(Rouyn) Summarizes 2008 Results on its Rouyn Property, Quebec
2/10/2009(Lake Gamble Block) Reports Last Results From 2008 Drilling
1/20/2009Yorbeau Drills High-Grade Intercepts at the Rouyn Property
12/4/2008(Augmitto & Cinderella) Intersects 3 m of Silicified Core on Cinderella Block
11/17/2008(Lake Gamble Block)Intersects More High-Grade Gold at Lac Gamble
9/25/2008(Rouyn) Reports Encouraging Results From the Rouyn Property - 8=2E1...
7/22/2008(Rouyn) Drilling Intercepts Visible Gold
5/22/2008(Rouyn)Completes IP-Resistivity Ground Geophysical Survey at its 12...
3/12/2008(Rouyn)Initiates an IP-Resistivity Ground Geo
1/17/2008(Astoria)Intercepts 5.81 Grams Gold Per Tonne Over 2 M (0.17 Ounces G...
Corporate news of Yorbeau Resources Inc.
7/13/2016Yorbeau announces appointment of new officers
6/23/2016Yorbeau and Kinross sign letter of intent for the Rouyn prop...
6/17/2016Yorbeau announces the results of the vote for the election o...
5/2/2016Yorbeau closes final tranches of private placements
4/20/2016Yorbeau closes second tranche of private placement
4/1/2016Yorbeau closes $625,000 private placement
12/1/2010Announces Proposed Financing
8/17/2009Raises $852,277 Pursuant to Its Rights Offering
6/24/2009Rights Offering
3/3/2009 to be Featured on CEO Clips on The Biography Channel
8/19/2008Obtains Great Results From First Drill Targets at Lake Gambl...
6/12/2008Holds Annual General Meeting
6/4/2008 Raises $2,916,353 Pursuant to its Rights Offering
4/23/2008 Announces Rights Offering
1/31/2008Reviews 2007 and Outlines 2008 Gold Exploration Plan
11/22/2007 INTERCEPTS 10.99 GRAMS GOLD PER TONNE OVER 8.5 M IN DRILLIN...
9/24/2007CORRECTION FROM SOURCE: Yorbeau Intercepts 20 =?ISO-8859-1?Q...
9/10/2007Intercepts 14.00 Grams Gold per To =?ISO-8859-1?Q?nne=20Over...
8/20/2007Intercepts 10.77 g/t Au Over 4.1 m in Definition Drilling on...
7/23/2007Begins its 2007-2008 Drilling Program
4/27/2007Announces Ore Processing Arrangement
3/2/2007Summarizes its 2006 Drilling Program on the Augmitto and Cin...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (YRB-A.TO)
0.085+13.33%
TORONTO
CA$ 0.085
06/29 15:54 0.010
13.33%
Prev close Open
0.075 0.080
Low High
0.080 0.085
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.085 -%
Volume 1 month var.
642,000 -%
24hGold TrendPower© : -33
Produces
Develops
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/26/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.04+1.38%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.53%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.52+6.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.05+2.62%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.13%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.90+1.60%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.43-0.46%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :