Mr. Frank Marasco reports

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES APPOINTMENT OF VELOCITY TRADE CAPITAL LTD. MARKET MAKING SERVICES

West High Yield (W.H.Y.) Resources Ltd. has engaged Velocity Trade Capital Ltd. to provide market-making services to the company in accordance with applicable securities laws and the policies of the TSX Venture Exchange pursuant to the terms of a liquidity program services agreement.

Services agreement

Pursuant to the services agreement, Velocity Trade will manage trading of the company's securities listed on the exchange from time to time for the purposes of maintaining an orderly market, with a view to reducing trading volatility and improving the liquidity of the company's securities. The financing and securities required for these services undertaken will be provided by Velocity Trade.

In consideration for the provision of the services by Velocity Trade under the services agreement, West High Yield has agreed to pay Velocity Trade a monthly fee of $5,000 per month. The services agreement has a minimum set term of 60 days, after which either party may terminate the services agreement by providing the other with not less than 30 days prior written notice of termination.

Termination of letter agreement

The company has effectively terminated the letter agreement with Red Cloud Securities Inc., originally announced on Nov. 30, 2022, with said termination taking effect as of Jan. 31, 2024.

Velocity Trade and West High Yield are not related parties and have no other agreements other than the market liquidity agreement, which is the subject of this news release.

The engagement of Velocity Trade to provide market liquidity services to West High Yield is subject to acceptance of the exchange.

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

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral magnesium, silica and nickel deposits 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.

We seek Safe Harbor.