Yorbeau Resources Inc. is pleased to announce that it has signed, on October 1, 2024, a definitive asset purchase agreement in the context of a transaction whereby Lac Gold Inc. , a Canadian based subsidiary of Lac Gold Pty Ltd newly created for purposes of the Transaction, would, subject to certain conditions, acquire a 100% interest in Yorbeau's Rouyn property . The asset purchase agreement provides that, in consideration of a 100% interest in the Property, Lac Gold must pay a purchase price of C$25,000,000 to the Company as follows: C$2,000,000 paid to the Company within 48 hours of signing; C$3,000,000 payable to the Company on the closing date of the Transaction, but no later than December 16, 2024; and three equal instalments of $6,666,666 payable to the Company on each...