21:32:47 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



West High Yield (WHY) Resources Ltd
Symbol WHY
Shares Issued 88,958,682
Close 2023-11-27 C$ 0.23
Market Cap C$ 20,460,497
Recent Sedar Documents

West High Yield grants options to buy 375,000 shares

2023-11-27 18:43 ET - News Release

Mr. Frank Marasco Jr. reports

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES GRANT OF STOCK OPTIONS

West High Yield (W.H.Y.) Resources Ltd.'s board of directors approved and authorized the grant of 375,000 stock options to two consultants of the company effective Nov. 27, 2023.

The options were granted in accordance with the terms of the stock option plan of the company. One option entitles the holder thereof to purchase one common share of the company at a price of 23 cents per share for a period of five years from the option grant date. One-third of the options vested on their date of grant, one-third of the options will vest on the date that is one year from their date of grant and one-third of the options will vest on the date that is two years from their date of grant. The exercise price of the options was set at 23 cents per share, being the closing trading price of the shares on Nov. 27, 2023.

About West High Yield (W.H.Y.) Resources Ltd.

West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium, silica and nickel deposit using green processing techniques to minimize waste and CO2 (carbon dioxide) emissions.

The company's Record Ridge magnesium deposit, located 10 kilometres southwest of Rossland, B.C., has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101, Standards of Disclosure for Mineral Projects, preliminary economic assessment technical report prepared by SRK Consulting (Canada) Inc. in accordance with NI 43-101.

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