Yorbeau Resources forms Chibougamau Metals unit to hold Scott Lake property

Yorbeau Resources plans to transfer its Scott Lake base-metals property into a new wholly owned subsidiary, Chibougamau Metals. The unit is intended to operate as a standalone vehicle to advance the Scott Lake project near Chibougamau, Québec. Completion remains conditional on final legal, tax, financial structuring and defining financing terms for Chibougamau Metals. Yorbeau is also evaluating financing alternatives for the subsidiary, including its post-financing ownership level. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yorbeau Resources Inc. published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein. (C)