West High Yield Resources Ltd. announces the next steps in the mining permit process for the Company's Record Ridge Industrial Mineral Mine project . The Company received notification from the British Columbia Environmental Assessment Office that it has now determined the Project is subject to environmental assessment thresholds applicable to mineral mines rather than industrial mineral projects. This occurred despite the [...]
West High Yield Resources Ltd. announces that, further to its news release of July 9, 2024, it has closed the first tranche of its previously announced private placement offering of units on August 9, 2024. The Closing consisted of the issuance 435,076 Units for gross proceeds of $143,575.05. The Units were issued at a price of $0.33 per Unit, and each Unit consists of one Common share of the Company and one Common Share [...]
West High Yield Resources Ltd. is pleased to announce a non-brokered private placement offering for the sale of up to 4,545,454 units of the Company at a price of CAD$0.33 per Unit for aggregate gross proceeds of up to CAD$1,500,000.00 . Each Unit issued under the Offering will consist of one common share of the Company and one half of one Common Share purchase warrant . Each full Warrant, together with CAD$0.45, will [...]
Why invest in West High Yield (W.H.Y.) Resources? Based on LOI with Galaxy Magnesium projected to deliver up to USD 100 million year one annual revenue. WHY Resources is a unique company among the thousands of resource juniors on the Canadian stock exchange - in more ways than one. Which commodity company can say that 94% of its defined resource consists of valuable products? For comparison: an average copper mine with a [...]
West High Yield Resources Ltd. is pleased to announce the signing of a Letter of Intent with Skemxist Solutions limited partnership with the Sutherland Group of Companies ). The LOI contemplates the provision of road construction, site preparation, mining operations and various support services to the Company for its Record Ridge Industrial Mineral Mine near Rossland, British Columbia. The RRIMM project contains critical [...]
West High Yield Resources Ltd. is pleased to announce that, further to its news releases dated February 26, 2024, March 14, 2024, April 10, 2024 and April 18, 2024, it has closed the final tranche of its previously announced private placement offering of units . Offering The Closing consisted of the issuance of 612,000 Units for gross proceeds of $153,000. The Units were issued at a price of $0.25 per Unit, and each Unit [...]
West High Yield Resources Ltd. is pleased to announce the listing of the Company's common shares on the Frankfurt Stock Exchange under the trading symbol "W0H". The Company's common shares are now cross listed on the TSX Venture Exchange in Canada and the FSE in Germany, aligned with the Company's strategy of introducing European investors and manufacturers to the advanced stage development of its Record Ridge Industrial [...]
West High Yield Resources Ltd. is pleased to announce another milestone in the mining permit application process with the posting of its "PUBLIC NOTICE OF APPLICATION" , as well as the second tranche closing of its previously announced private placement offering of units . Publication of Notice of Application The Public Notice, which is a requirement in the Company's permit process as requested by the British Columbia [...]
West High Yield Resources Ltd. announces that, further to its news releases dated February 26, 2024 and March 14, 2024, it has received an extension from the TSX Venture Exchange with respect to the final acceptance date of its previously announced private placement offering of units . The outside date for the final closing and filing acceptance of all final documentation required by the TSXV in respect of the Offering [...]
West High Yield Resources Ltd. is pleased to announce that its board of directors approved and authorized the grant and issuance of a total of 1,578,000 stock options effective March 25, 2024. 1,160,000 of the Options were issued to the members of the board of directors of the Company; 60,000 of the Options were issued to one officer of the Company; and 403,000 of the Options were issued to four different consultants of [...]
West High Yield Resources Ltd. announces that, further to its news release of February 26, 2024, it has closed the first tranche of its previously announced private placement offering of units . The Closing consisted of the issuance of 2,114,000 Units for gross proceeds of $528,500. The Units were issued at a price of $0.25 per Unit, and each Unit consists of one Common share of the Company and one Common Share purchase [...]
West High Yield Resources Ltd. is pleased to announce a non-brokered private placement offering for the sale of up to 3,800,000 units of the Company at a price of CAD$0.25 per Unit for aggregate gross proceeds of up to CAD$925,000 . The Company also announces that it has engaged Outside The Box Capital Inc. to provide marketing services to the Company in accordance with applicable Canadian securities laws and the policies [...]