Mr. Frank Marasco reports
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES EXERCISE OF WARRANTS
West High Yield (WHY) Resources Ltd. has released results of an exercise of share purchase warrants of the company.
One holder of warrants exercised an aggregate of 50,000 warrants resulting in the issuance of 50,000 common shares of the company. The specific warrants held and exercised by the one warrant holder were exercisable at a price of 30 cents per warrant, resulting in proceeds to the company in the amount of $15,000.00 upon such exercise.
Two holders of warrants exercised an aggregate of 112,000 warrants resulting in the issuance of 112,000 common shares of the company. The specific warrants held and exercised by the two warrant holders were exercisable at a price of 35 cents per warrant, resulting in proceeds to the company in the amount of $39,200.00 upon such exercise.
The total gross proceeds to the company from the combined exercise of 30-cent warrants and 35-cent warrants was $54,200.00.
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 Record Ridge critical mineral (magnesium, silica and nickel) deposit using green processing techniques to minimize waste and CO2 emissions.
We seek Safe Harbor.
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