Brief: Yorbeau and Kinross sign letter of intent for Rouyn Property
22/06/2016 20:37
June 22 (Reuters) - Yorbeau Resources
* Yorbeau and kinross sign letter of intent for rouyn
property
* Non-Binding loi with kinross whereby kinross has option to
acquire 100% interest in yorbeau's rouyn property in quebec
* Yorbeau resources inc says company is also pleased to
announce that kinross has committed to participate in a $1
million private placement of units
* Kinross will have option to acquire 100% interest in
property for single cash payment consisting of $25 million
Source text for Eikon: ID:nMKWCk0qpa
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