Amit Gupta, CEO, Director and 10% Holder, acquired 380,951 Common Shares Class A on a direct ownership basis at a price of $0.105 through a prospectus or prospectus exempt offering on August 30th, 2017. This represents a $40,000 investment into the company's shares and an account share holdings change of 33.0%.
On the same terms, Pierre Gagnier, a Director, acquired 380,950 Common Shares Class A. This represents a $40,000 investment into the company's shares and an account share holdings change of 14.6%. Terry Kocisko, also a Director, acquired 200,000 Common Shares Class A. This represents a $21,000 net investment into the company's shares and an account share holdings change of greater than 100%.
Yorbeau Resources is in the Gold Sub Industry Group under the Basic Materials Sector.
Les Ressources Yorbeau Inc is a Canada-based company, which is engaged in the exploration of mineral properties in the Province of Quebec. The Company is in the process of exploring and evaluating its mineral properties and projects. The Company's mining properties, and exploration and evaluation assets include Rouyn, Beschefer, Kistabiche, Scott Lake, Lemoine, Selbaie West, Estrades-Caribou and Normetal West. The Company's exploration program will include a total of approximately 4,490 meters of diamond drilling at the Scott Lake property, which will allow over seven intercepts in the Gap Lens. The exploration program will also include a geophysical survey over the main target horizon of the Beschefer property and the preparation of an exploration drilling program. The Company has not yet generated any revenues.
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