01:00:08 EDT Sat 12 Jul 2025
Enter Symbol
or Name
USA
CA



West High Yield (WHY) Resources Ltd
Symbol WHY
Shares Issued 105,908,922
Close 2025-06-02 C$ 0.48
Market Cap C$ 50,836,283
Recent Sedar Documents

West High Yield receives $15,000 from warrant exercise

2025-06-03 03:59 ET - News Release

Mr. Frank Marasco reports

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES PROCEEDS FROM EXERCISE OF WARRANTS

West High Yield (WHY) Resources Ltd. has received proceeds from the exercise of certain warrants of the company.

One holder of warrants exercised 50,000 warrants resulting in the issuance of 50,000 common shares of the company. The specific warrants held and exercised by the warrantholder were exercisable at a price of 30 cents per warrant share, resulting in gross proceeds to the company in the amount of $15,000 upon such exercise. The warrants exercised by the warrantholder were issued to the warrantholder, among others, as part of a private placement offering of the company that closed on Nov. 9, 2024.

About West High Yield (WHY) 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 world-class Record Ridge critical mineral (magnesium, silica and nickel) deposit using green processing techniques to minimize waste and carbon dioxide emissions.

The company's Record Ridge critical mineral 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 (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013, in accordance with NI 43-101, which can be found on the company's profile at SEDAR+.

Qualified person

Rick Walker, BSc, MSc, PGeo, the company geologist, is a qualified person as defined in NI 43-101, and has reviewed and approved the technical information in this press release.

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