11:12 AM EST - Yorbeau Resources Inc. : Announced that in order to maintain its option to purchase a 100% interest in the Rouyn property, IAMGOLD Corporation has made the next option cash payment to Yorbeau in the amount of $500,000 corresponding to the third in a series of scheduled cash payments to be made to Yorbeau during an Expenditure Period of 48 months. Among other commitments, IAMGOLD must make scheduled cash payments in an aggregate amount of $4 million during the Expenditure Period. In the first two years, IAMGOLD has met and exceeded its expenditure obligation of $4 million in exploration on the property. Yorbeau Resources Inc.
shares T.YRB are trading unchanged at $0.05.
