Yorbeau Resources Inc (TSE:YRB) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yorbeau Resources Inc. has successfully completed the sale of its Rouyn property to Lac Gold, receiving an immediate payment of C$3 million and securing future payments totaling C$25 million. Additionally, Yorbeau will benefit from a 2% net smelter returns royalty on minerals produced from the property, using proceeds to fund exploration and development activities on other sites.
For further insights into TSE:YRB stock, check out TipRanks’ Stock Analysis page.