WEST HIGH YIELD RES LTD - WHYRF STOCK NEWS

West High Yield (WHY) Resources has announced a non-brokered private placement offering to raise up to CAD$1.5 million by selling 4,545,454 units at CAD$0.33 per unit. Each unit includes one common share and a half common share purchase warrant. Full warrants can be exchanged for an additional share at CAD$0.45 within 18 months. The proceeds will fund the company's drilling program at the Record Ridge magnesium deposit, finalize permitting, cover essential operations, and for general working capital. The offering is subject to closing conditions, including TSX Venture Exchange approval.

West High Yield (W.H.Y.) Resources has signed a Letter of Intent (LOI) with Skemxist Solutions, an Osoyoos Indian Band partnership with Sutherland Group. The LOI outlines the construction and operation of the Record Ridge Industrial Mineral Mine (RRIMM) near Rossland, British Columbia. The project aims to produce up to 200,000 tonnes of magnesium ore annually over an initial two-year period, contributing to Canada's green economy. OIB Chief Clarence Louie emphasized the project's importance for economic independence and climate goals. WHY Resources' CEO Frank Marasco highlighted their commitment to community input and proper project execution. The company is finalizing permits and a definitive agreement with SKM.

West High Yield (W.H.Y.) Resources (TSXV: WHY) has closed an oversubscribed private placement, raising $984,000 through the issuance of 3,936,000 Units. The funds will be used for pilot testing projects, permitting processes, and general working capital. Additionally, the company signed a sponsorship agreement with GOLDINVEST Consulting GmbH to market its services to the German financial community.

West High Yield (W.H.Y.) Resources has announced the listing of its common shares on the Frankfurt Stock Exchange (FSE) under the trading symbol 'W0H'. This move is aligned with the company's strategy to introduce European investors and manufacturers to its advanced stage development of the Record Ridge Industrial Mineral Mine. The FSE listing is expected to increase trading liquidity, attract potential investments from institutional and retail investors across Europe, and enhance the company's exposure in a major marketplace with a knowledgeable investor base. The FSE is one of the world's largest international trading centers, second only to the NASDAQ and NYSE, offering a robust electronic trading platform (XETRA) responsible for a significant portion of securities traded in Germany.

West High Yield (W.H.Y.) Resources publishes a public notice of application for the Record Ridge Magnesium Project and announces the second tranche closing of a private placement. The public notice pertains to the submission of the Company's permit application for the Project, which aims to extract magnesium-bearing serpentinite rock. The Project is located in British Columbia and involves conventional open pit mining methods. The second tranche closing of the private placement offering resulted in the issuance of 1,210,000 Units for total proceeds of $302,500, with each unit comprising a common share and a common share purchase warrant.

West High Yield Resources (TSXV: WHY) extends the final acceptance date of its private placement offering to May 10, 2024, maintaining the terms and conditions. The Offering is subject to regulatory approvals and conditions.

West High Yield Resources announces the issuance of 1,578,000 stock options to directors, officers, and consultants, each entitling the holder to purchase one common share at an exercise price of CAD$0.23 per share.

West High Yield Resources Ltd. (WHYRF) closes the first tranche of its private placement offering, issuing 2,114,000 Units for $528,500. Each Unit includes a Common Share and a Warrant. The funds will aid in the permitting process and general working capital.

West High Yield Resources Ltd. (WHYRF) announces a non-brokered private placement offering of up to 3,800,000 units at CAD$0.25 per unit for gross proceeds of up to CAD$925,000. The Company engages Outside The Box Capital Inc. for marketing services. Each unit includes a common share and a warrant. The offering is subject to exemptions from prospectus requirements and will support pilot testing, permitting, and general operations.