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MONTREAL, Dec. 15, 2025 (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 13 750 000 "flow-through" Class A common shares at a price of $0.08 per share for aggregate proceeds of $1,100,000.

The Company will use the proceeds raised from the issue of the flow-through Class A common shares to incur Canadian exploration expenses on its properties.

Four directors subscribed for a total of 10,000,000 Class A common shares having an aggregate subscription price of $800,000. As insiders of the Company participated in the Private Placement, it is deemed to be a "related party transaction" as defined under Multilateral Instrument 61-101—Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(a) and 5.7(a)) as neither the fair market value of the Class A common shares distributed to, nor the consideration ...