Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Elon Musk posts ‘Kill Bill’ meme in latest...
Johnson says Republicans ‘don’t have time’ to craft...
Elon Musk warpath against Trump’s ‘big, beautiful bill’...
Durbin obstruction threat chills Senate as Trump nominees...
Elon Musk posts ‘Kill Bill’ meme in latest...
Trump orders Attorney General to investigate Biden’s autopen...
Biden insists ‘I made the decisions’ as Republicans...
‘He’s not a big factor’: Trump’s Senate allies...
DAVID MARCUS: Why Navy ships should not be...
GREGG JARRETT: Biden, the ‘marionette president; and the case...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

West High YieldResources Ltd. Announces Proceeds from Exercise of Warrants

by admin June 3, 2025
June 3, 2025
West High YieldResources Ltd. Announces Proceeds from Exercise of Warrants

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the ‘Company’ or ‘West High Yield’) announces announces the receipt of proceeds from the exercise of certain warrants (the ‘Warrants’) of the Company.

One holder of Warrants (the ‘Warrantholder‘) exercised 50,000 Warrants resulting in the issuance of 50,000 common shares of the Company (each, a ‘Warrant Share‘). The specific Warrants held and exercised by the Warrantholder were exercisable at a price of CAD$0.30 per Warrant Share, resulting in gross proceeds to the Company in the amount of CAD$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 November 9, 2024.

About West High Yield

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 CO2 emissions.

The Company’s Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘) 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 and which can be found on the Company’s profile at https://www.sedarplus.ca.

Qualified Person

Rick Walker, B.Sc., M.Sc., P.Geo., 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.

Contact Information:

West High Yield (W.H.Y.) RESOURCES LTD.

Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com

Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254269

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

previous post
Development update – Collie graphite micronising facility
next post
Canadian Wildfires Force Mining Sector to Retreat as Thousands Evacuate in Manitoba

You may also like

CHARBONE Hydrogen Extends Deadline for US$6 Million in...

December 31, 2024

PDAC 2025: Investment Capital, AI Energy Demand and...

March 12, 2025

Total Voting Rights

November 4, 2024

CHARBONE Hydrogen Announces Receipt of $371,150 from warrant...

December 13, 2024

Copper Prices Surpass US$10,000 as US Tariff Fears...

March 22, 2025

Pharma Market Forecast: Top Trends for Pharma in...

January 14, 2025

Full HMW Phase 2 (21Ktpa LCE) Mining Permit...

January 6, 2025

Flynn Expands Key Gold Targets at Golden Ridge,...

January 14, 2025

Greenvale to Commence Alpha Test Program 7

May 2, 2025

Crypto Market Recap: Swiss Central Bank Dismisses Bitcoin...

April 26, 2025

Recent Posts

  • Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s Big Beautiful Bill
  • Johnson says Republicans ‘don’t have time’ to craft new Trump plan despite Musk’s call to ‘KILL the BILL’
  • Elon Musk warpath against Trump’s ‘big, beautiful bill’ rattles House GOP
  • Durbin obstruction threat chills Senate as Trump nominees hang in balance
  • Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s ‘big, beautiful bill’

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (763)
    • Investing (2,257)
    • Politics (2,786)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.