West High Yield Resources Ltd. announces the release of its interim consolidated financial results for the first fiscal quarter ended March 31, 2021 accompanied by its management's discussion and analysis for the same period. The Financials and MD&A have been disseminated on SEDAR and can be found on the Company's SEDAR profile at https://www.sedar.com. About West High Yield West High Yield is a publicly traded junior [...]
West High Yield Resources Ltd. announces that, due to market conditions and other various factors, it will not pursue final approval from the TSX Venture Exchange in respect of its previously announced disposition of a contractual royalty by way of the issuance of Royalty units . The Company is currently in the midst of evaluating various business opportunities and it will continue to monitor market conditions while [...]
West High Yield Resources Ltd. is pleased to provide an update on the status of its permit application at its Record Ridge magnesium deposit located at Rossland, British Columbia and on the progress and development of its proprietary metallurgical process to "Stage-2 PFS" by successfully conducting additional laboratory test work at the facility owned and operated by Kingston Process Metallurgy Inc. . The Testing Project [...]
West High Yield Resources Ltd. announces that further to its press release dated April 19, 2021 and after consulting with its advisors, it has decided to allow the 1,150,000 stock options granted on April 15, 2016 to expire instead of seeking TSX Venture Exchange approval for an extension of such expiry date. The Old Options expired on April 15, 2021. Instead of extending the expiry date of the Old Options, the Company [...]
West High Yield Resources Ltd. announces that it has arranged for a loan to be provided by Big Mountain Development Corp. Ltd. , a related party of the Company, in the principal amount of CAD$750,000 . The Loan will have a term of 12 months and will bear interest at the rate of 10% per annum. The Loan will be secured by the previously executed first charge general security agreement on all of the present and [...]
West High Yield Resources Ltd. announces that for a second consecutive year, in response to the COVID-19 pandemic, the Company has taken precautionary measures for its upcoming annual general and special meeting of shareholders . The Meeting will be held at 10:00 am on Thursday, June 17, 2021 by telephone conference call and via the internet in order to ensure the health and safety of its employees, officers, directors [...]
West High Yield Resources Ltd. announces that, further to its news release dated March 23, 2021, it has received an extension from the TSX Venture Exchange with respect to its previously announced disposition of a contractual royalty by way of the issuance of Royalty units to investors . The outside date for all final submissions and filing requirements required by the TSXV for final acceptance of the Transaction has been [...]
West High Yield Resources Ltd. announces that it intends to extend the expiry date of an aggregate of 1,150,000 stock options granted on April 15, 2016, to the date that is 10 years from the grant date of each of the Old Options . The Old Options each have an exercise price of CAD$0.25 per Old Option. The Amendment is subject to TSX Venture Exchange approval. The Company further announces the grant of 500,000 new stock [...]
West High Yield Resources Ltd. announces that, further to its news release dated February 12, 2021, it has received an extension from the TSX Venture Exchange with respect to the duration and size of its previously announced private placement offering . The outside date for the closing and filing of all final documentation in respect of the Offering has been extended to April 28, 2021. Furthermore, the Company has [...]
West High Yield Resources Ltd. announces that it has changed the classification and amended some of the terms of its previously announced non-brokered private placement of a contractual royalty by way if the issuance of Royalty units to investors . Further to consultation and assessment from the TSX Venture Exchange and legal and accounting professionals, the Offering will no longer to be classified as a private placement [...]
West High Yield Resources Ltd. is pleased to announce a non-brokered private placement of units for aggregate gross proceeds of up to CAD$2,500,000 . The Offering shall consist of the sale of up to 12,500,000 Units at a price of CAD$0.20 per Unit. Each Unit comprised of one common share in the capital of the Company and one Common Share purchase warrant . Two Warrants, together with CAD$0.30, will entitle the holder [...]
West High Yield Resources Ltd. announces the closing of the final tranche of its previously announced private placement for 425,000 units at a price of CAD$0.20 per Unit for gross proceeds of CAD$85,000.00. Each Unit is comprised of one common share and one Common Share purchase warrant . The Warrants expire 12 months from the date of issue and two Warrants together with CAD$0.30 will entitle the holder to acquire one [...]