West High Yield (W.H.Y.) Resources Ltd.

Recent News

West High Yield (W.H.Y.) Resources Ltd. Reports Additional Multiple High-Grade Assays Including 311 g/t Au Over 0.3m, 33.7 g/t Au Over 1.05m, and 15 g/t Au Over 3m in 17.5 m Interval of DDH MN22-05 at Midnight Gold Claim

Calgary, Alberta--(Newsfile Corp. - September 20, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce the confirmation of additional multiple high-grade gold assays following the identification of visible native gold in drill core from DDH MN22-05 and to provide an update from the 2022 6,500 metre exploration drilling program (the "2022 Program"). The 2022 Program is ongoing at the Company's Midnight Gold claim ("Midnight")...

2022-09-20 9:00 AM EDT

West High Yield (W.H.Y.) Resources Ltd. Drilling Intersects Visible Gold and Reports 1.5 Metre Assay Intervals from 12.8 g/t Au to 38.4 g/t Au, Mineralized Zones up to 18 Metres at Midnight Gold Claim

Calgary, Alberta--(Newsfile Corp. - August 30, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce the presence of visible native gold in several drill core intervals from two of the first five holes and to present highlights of its initial round of Au-Ag assay results from the 2022 6,500 metre exploration drilling program (the "2022 Program"). The 2022 Program is ongoing at the Company's Midnight Gold claim ("Midnight")...

2022-08-30 8:30 AM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Grant of Stock Options

Calgary, Alberta--(Newsfile Corp. - August 17, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that its board of directors has approved and authorized the grant of 80,000 stock options (the "Options") to consultants of the Company effective August 17, 2022. The Options were granted in accordance with the terms of the Company's stock option plan. One (1) Option entitles the holder thereof to purchase one (1) common share of the Company...

2022-08-17 6:11 PM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Engagement of Oak Hill Financial Inc. for Investor Relations and Advisory Services

Calgary, Alberta--(Newsfile Corp. - June 28, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has retained the services of Toronto-based Oak Hill Financial ("Oak Hill") to assist with investor relations activities. West High Yield has partnered with Oak Hill to enhance its visibility and profile to the public and in the financial community. Oak Hill has been engaged for an initial three-month period. Oak Hill is to...

2022-06-28 2:24 PM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Closing of Shares for Debt Transaction

Calgary, Alberta--(Newsfile Corp. - June 6, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has completed its previously announced shares-for-debt transaction (the "Debt Settlement Transaction") to settle CAD$1,883,822.00 of outstanding debt owed to an arm's length third party lender of the Company (the "Creditor") via the issuance of common shares in the capital of the Company (the "Settlement Shares"). Following...

2022-06-06 5:29 PM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Proposed Shares for Debt Transaction and Proceeds from Exercise of Options

Calgary, Alberta--(Newsfile Corp. - May 20, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces it has entered into a debt settlement agreement (the "Debt Settlement Agreement") with an arm's-length creditor of the Company ("Creditor") to settle an outstanding debt. The Company also announces the receipt of proceeds from the exercise of certain securities of the Company. Debt Settlement Agreement The Company has agreed to convert...

2022-05-20 12:09 PM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Gold Drilling Kickoff and Proceeds from Exercise of Warrants

Calgary, Alberta--(Newsfile Corp. - May 3, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that, further to its news release dated April 5, 2022, gold drilling commenced on April 30, 2022 at the Company's Midnight Gold claim (the "Project Site") located in the Rossland Gold Camp area, British Columbia pursuant to its 2022 gold drill program (the "2022 Program"). The Company also announces the receipt of proceeds from the...

2022-05-03 11:28 AM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Procedure for Annual Shareholder's Meeting and 2021 Annual Results

Calgary, Alberta--(Newsfile Corp. - April 29, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that for a third 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"). The Meeting will be held at 10:00 am Mountain Standard Time on Thursday, June 16, 2022 by telephone conference call and via the internet in...

2022-04-29 7:28 PM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Closing Under Equity Facility with Alumina Partners

Calgary, Alberta--(Newsfile Corp. - April 25, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has completed a fourth tranche closing (the "Fourth Tranche") under the drawdown equity financing facility (the "Facility") with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners LLC. Terms of the Facility were set forth in the Company's news release dated December...

2022-04-25 12:25 PM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Commencement of Gold Drilling Program at Midnight Gold Claim

Calgary, Alberta--(Newsfile Corp. - April 5, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has commenced its 2022 gold drill program (the "2022 Program") which was initiated by the signing of a drilling contract (the "Contract") with West Kootenay Diamond Drilling Services Ltd. (the "Contractor"), whereby the Contractor will drill holes of up 20,000 feet and carry out ancillary services in relation thereto over the...

2022-04-05 9:00 AM EDT

West High Yield (W.H.Y.) Resources Ltd. Announces Closing Under Equity Facility with Alumina Partners

Calgary, Alberta--(Newsfile Corp. - March 11, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has completed a third tranche closing (the "Third Tranche") under the drawdown equity financing facility (the "Facility") with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners LLC. Terms of the Facility were set forth in the Company's news release dated December...

2022-03-11 1:24 PM EST

West High Yield (W.H.Y.) Resources Ltd. Submits Amended Industrial Magnesium Mine Permit Application

Calgary, Alberta--(Newsfile Corp. - February 15, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has submitted its amended Joint Mines Act/Environmental Management Act Permit Application (the "Amended Application") to the British Columbia Ministry of Mines (the "Ministry") for the development and operation of its Record Ridge Industrial Mineral Mine Project near Rossland, British Columbia (the "Project"). The...

2022-02-15 10:57 AM EST

West High Yield (W.H.Y.) Resources Ltd. Commissions Pre-Feasibility Study for Record Ridge Magnesium Production Plant and Proceeds from Exercise of Warrants and Options

Calgary, Alberta--(Newsfile Corp. - February 14, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has engaged Kingston Process Metallurgy Inc. ("KPM") of Kingston, Ontario to conduct a Pre-Feasibility Study and complete a National Instrument 43-101 compliant report for the development of the Company's semi-commercial and commercial production plants. The Company also announces the receipt of proceeds from the...

2022-02-14 12:28 PM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds of Exercise of Warrants

Calgary, Alberta--(Newsfile Corp. - February 4, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that holders (the "Warrantholders") of common share purchase warrants (the "Warrants") exercised an aggregate of 75,000 Warrants resulting in the issuance of 37,500 common shares of the Company (each, a "Warrant Share") and gross proceeds to the Company of CAD$11,250. Each Warrantholder acquired one (1) Warrant Share for every two (2)...

2022-02-04 3:49 PM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds of Exercise of Warrants

Calgary, Alberta--(Newsfile Corp. - January 24, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that a holder (the "Warrantholder") of common share purchase warrants (the "Warrants") exercised an aggregate of 250,000 Warrants resulting in the issuance of 125,000 common shares of the Company (each, a "Warrant Share") and gross proceeds to the Company of CAD$37,500. Two (2) Warrants permitted the Warrantholder to acquire one (1) Warrant...

2022-01-24 4:10 PM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Closing Under Equity Facility with Alumina Partners

Calgary, Alberta--(Newsfile Corp. - January 19, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has completed a second tranche closing (the "Second Tranche") under the drawdown equity financing facility (the "Facility") with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners LLC. Terms of the Facility were set forth in the Company's news release dated...

2022-01-19 4:15 PM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Closing of Flow-Through Private Placement Offering

Calgary, Alberta--(Newsfile Corp. - December 30, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has closed its previously announced brokered private placement offering for aggregate gross proceeds of up to CAD$2,499,951.72 (the "Offering"). The Offering consisted of the issuance of 2,976,133 units (the "Units") of the Company at a price of CAD$0.84 per Unit. Each Unit was comprised of: (i) one (1) common share of the...

2021-12-30 5:34 PM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Flow-Through Private Placement Offering

Calgary, Alberta--(Newsfile Corp. - December 16, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce a brokered private placement offering for aggregate gross proceeds of up to CAD$2,500,000 (the "Offering"). GloRes Securities Inc. (the "Agent") will act as Agent for the Offering. The Offering shall consist of the issuance of up to 2,976,190 units (the "Units") of the Company at a price of CAD$0.84 per Unit. Each Unit shall...

2021-12-16 5:42 PM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Equity Facility with Alumina Partners

Calgary, Alberta--(Newsfile Corp. - December 15, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has entered into a definitive agreement (the "Investment Agreement") for a drawdown equity financing facility (the "Facility") of up to CAD$12,000,000 with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners LLC. The Company intends to use the funds under the...

2021-12-15 7:30 AM EST

West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds of Exercise of Warrants

Calgary, Alberta--(Newsfile Corp. - December 14, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that a holder (the "Warrantholder") of common share purchase warrants (the "Warrants") exercised an aggregate of 250,000 Warrants resulting in the issuance of 125,000 common shares of the Company (each, a "Warrant Share") and gross proceeds to the Company of CAD$37,500. Two (2) Warrants permitted the Warrantholder to acquire one (1)...

2021-12-14 10:35 AM EST

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