West High Yield Resources Ltd. announces that its board of directors has approved and authorized the grant of 350,000 stock options to a consultant of the Company effective October 21, 2021. The Options are granted in accordance with the terms of the stock option plan of the Company. All of the Options vest on their date of grant and every one Option entitles the holder thereof to purchase one common share of the Company [...]
West High Yield Resources Ltd. is pleased to announce the completion of its previously announced placement offering of units . The Company completed one closing under the Offering for gross proceeds of CAD$116,457.25. Under the Offering, the Company issued 332,735 Units, comprised of 332,735 common shares in the capital of the Company and 83,183 Common Share purchase warrant . One full Warrant, together with CAD$0.45 [...]
West High Yield Resources Ltd. announces it has released its interim consolidated financial results for the fiscal quarter ended June 30, 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 mining [...]
West High Yield Resources Ltd. announces that, further to its news release dated July 15, 2021, it has received an extension from the TSX Venture Exchange with respect to the completion date of its previously announced private placement offering of units . The outside date for the closing and filing of all final documentation in respect of the Offering has been extended September 28, 2021. The Offering remains subject to [...]
West High Yield Resources Ltd. is pleased to announce an initial tranche closing of its previously announced placement offering of units for gross proceeds of CAD$116,457.25 . On the Closing, the Company issued 332,735 Units, being comprised of 332,735 common shares in the capital of the Company and 83,183 Common Share purchase warrant . One full Warrant, together with CAD$0.45, will entitle the holder thereof to acquire [...]
West High Yield (W.H.Y.) Resources is pleased to announce a non-brokered private placement offering of units for aggregate gross proceeds of up to CAD$2,500,000. The Offering shall consist of the sale of up to 7,142,857 Units at a price of CAD$0.35 per Unit. Each Unit shall be comprised of one (1) common share in the capital of the Company and one quarter (1/4) of one (1) Common Share purchase warrant. One (1) full [...]
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 [...]