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Precious Metals M&A image Precious Metals M&A » By The Online Investor Staff, updated Mon., Feb. 6, 2:24 AM Recent mergers and acquisitions in the Precious Metals M&A category.

Slide #24. Yorbeau Resources Inc. Cancor Mines Inc.

Acquirer: Yorbeau Resources Inc. (YRB.A.CA)
Acquiree: Cancor Mines Inc.
Details: Yorbeau Resources Inc. (TSX:YRB.A) ("Yorbeau") and Cancor Mines Inc. (CSE:KCR) ("Cancor") are pleased to announce that they have signed a binding merger agreement. Yorbeau and Cancor have agreed to proceed with a business combination by way of a triangular amalgamation pursuant to the provisions of the Canada Business Corporations Act. The amalgamation will effectively combine the assets of both companies on a consolidated basis, with Cancor becoming a wholly-owned subsidiary of Yorbeau.

Yorbeau Resources is an exploration company engaged in the acquisition, exploration and, if warranted, the development of mineral resource properties. Co. is engaged in the exploration of gold and base metal properties located in the northwest of Quebec. Co. is focused on its exploration activities in the Rouyn property in Quebec.

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Company Name: 
Yorbeau Resources Inc
Precious Metals

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