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West High Yield (W.H.Y.) Resources Ltd. Announces Frankfurt Stock Exchange Listing

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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 ha annunciato la quotazione delle sue azioni ordinarie alla Borsa di Francoforte (FSE) con il simbolo di negoziazione 'W0H'. Questa mossa è in linea con la strategia aziendale di introdurre agli investitori e ai produttori europei lo sviluppo avanzato della miniera di minerali industriali Record Ridge. Si prevede che la quotazione sulla FSE aumenterà la liquidità di scambio, attrarrà potenziali investimenti da investitori istituzionali e al dettaglio in tutta Europa, e amplierà l'esposizione dell'azienda in un mercato importante con una base di investitori esperti. La FSE è uno dei maggiori centri di trading internazionali al mondo, seconda solo al NASDAQ e alla NYSE, offrendo una piattaforma di trading elettronico robusta (XETRA) responsabile di una parte significativa degli scambi di titoli in Germania.
West High Yield (W.H.Y.) Resources ha anunciado la cotización de sus acciones ordinarias en la Bolsa de Valores de Frankfurt (FSE) bajo el símbolo de cotización 'W0H'. Esta acción está alineada con la estrategia de la compañía de introducir a inversores y fabricantes europeos en el desarrollo avanzado de la mina de minerales industriales Record Ridge. Se espera que la inclusión en la FSE aumente la liquidez de las operaciones, atraiga inversiones potenciales de inversores institucionales y minoristas de toda Europa, y mejore la exposición de la compañía en un mercado importante con una base de inversores conocedores. La FSE es uno de los mayores centros de comercio internacional del mundo, solo superado por NASDAQ y NYSE, ofreciendo una plataforma de comercio electrónico robusta (XETRA) que es responsable de una porción significativa de las operaciones de valores en Alemania.
West High Yield (W.H.Y.) Resources는 'W0H'라는 거래 기호로 프랑크푸르트 증권거래소(FSE)에 일반 주식을 상장하였음을 발표했습니다. 이 조치는 유럽의 투자자들과 제조업자들에게 Record Ridge 산업 미네랄 광산의 고급 단계 개발을 소개하는 회사 전략에 부합합니다. FSE 상장은 거래 유동성을 증가시킬 것으로 예상되며, 유럽 전역의 기관 및 소매 투자자들로부터 잠재적인 투자를 유치하고, 지식이 풍부한 투자자 기반의 주요 시장에서 회사의 노출을 향상시킬 것입니다. FSE는 나스닥(NASDAQ)과 뉴욕 증권거래소(NYSE)에 이어 세계에서 두 번째로 큰 국제 거래 센터로, 독일에서 거래되는 유가 증권의 상당 부분을 담당하는 강력한 전자 거래 플랫폼(XETRA)을 제공합니다.
West High Yield (W.H.Y.) Resources a annoncé l'introduction de ses actions ordinaires à la Bourse de Francfort (FSE) sous le symbole 'W0H'. Cette démarche s'inscrit dans la stratégie de l'entreprise visant à présenter aux investisseurs et fabricants européens le développement avancé de la mine de minéraux industriels Record Ridge. L'inscription à la FSE devrait augmenter la liquidité des échanges, attirer des investissements potentiels de la part d'investisseurs institutionnels et de détail à travers l'Europe, et renforcer la visibilité de l'entreprise sur un marché majeur avec une base d'investisseurs avertis. La FSE est l'un des plus grands centres de trading international au monde, juste après le NASDAQ et le NYSE, offrant une plateforme de trading électronique robuste (XETRA) responsable d'une part significative des échanges de titres en Allemagne.
West High Yield (W.H.Y.) Resources hat die Notierung seiner Stammaktien an der Frankfurter Wertpapierbörse (FSE) unter dem Handelssymbol 'W0H' angekündigt. Dieser Schritt steht im Einklang mit der Unternehmensstrategie, europäischen Investoren und Herstellern die fortgeschrittene Entwicklung des Record Ridge Industriemineralbergwerks vorzustellen. Von der FSE-Notierung wird erwartet, dass sie die Handelsliquidität erhöht, potenzielle Investitionen von institutionellen und privaten Investoren aus ganz Europa anzieht und die Präsenz des Unternehmens auf einem großen Markt mit einer sachkundigen Investorenbasis verbessert. Die FSE gehört zu den größten internationalen Handelszentren der Welt, nach NASDAQ und NYSE, und bietet eine robuste elektronische Handelsplattform (XETRA), die für einen bedeutenden Teil des Wertpapierhandels in Deutschland verantwortlich ist.
Positive
  • Listing on the Frankfurt Stock Exchange will increase trading liquidity for West High Yield (W.H.Y.) Resources
  • The move will facilitate potential investments from institutional and retail investors across Europe.
  • The European listing will 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.
  • The electronic trading platform of the FSE, XETRA, is responsible for approximately 90 percent of all securities traded in Germany.
Negative
  • None.

Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (the "Company" or "West High Yield") is pleased to announce the listing of the Company's common shares on the Frankfurt Stock Exchange (the "FSE") under the trading symbol "W0H". The Company's common shares are now cross listed on the TSX Venture Exchange (the "TSXV") 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 Mineral Mine that contains 10.6 million tonnes of magnesium and 16 million tonnes of silica.

Frank Marasco Jr., President and CEO of West High Yield, commented: "We expect the FSE listing will assist in increasing trading liquidity and also facilitate potential investment in the Company by institutional and retail investors across Europe. The listing on the FSE, in addition to the Canadian TSXV, will heighten exposure of the Company in this major marketplace with its knowledgeable investor base traditionally very active in the junior gold mining sector."

The FSE is one of the world's largest international trading centers (behind only the NASDAQ and NYSE) organized exchange-trading market in terms of turnover and dealings in securities. The electronic trading platform of the FSE, XETRA, has made it the world's second largest fully electronic cash market responsible for approximately 90 percent of all securities traded in Germany with direct linkage to all other major European financial hubs. This European listing will help to increase the Company's trading liquidity and facilitate investment in West High Yield by European investors through the Frankfurt listing as major financial hubs like Switzerland, Luxembourg, Lichtenstein, Monaco and others are reached easily.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral magnesium, silica, and nickel deposits using green processing techniques to minimize waste and CO2 emissions.

The Company's Record Ridge magnesium deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report prepared by SRK Consulting (Canada) Inc. in accordance with NI 43-101.

Contact Information:

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.

Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com

Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206871

FAQ

What exchange has West High Yield (W.H.Y.) Resources announced the listing of its common shares on?

West High Yield (W.H.Y.) Resources has announced the listing of its common shares on the Frankfurt Stock Exchange (FSE).

Under what trading symbol will West High Yield (W.H.Y.) Resources common shares be listed on the Frankfurt Stock Exchange?

West High Yield (W.H.Y.) Resources common shares will be listed on the Frankfurt Stock Exchange under the trading symbol 'W0H'.

What is the purpose of the FSE listing for West High Yield (W.H.Y.) Resources ?

The FSE listing aims to increase trading liquidity, attract potential investments from European investors, and enhance the company's exposure in a major marketplace.

What is the significance of the FSE in the global trading landscape?

The FSE is one of the world's largest international trading centers, second only to the NASDAQ and NYSE, with a robust electronic trading platform (XETRA) responsible for a significant portion of securities traded in Germany.

How will the FSE listing benefit West High Yield (W.H.Y.) Resources ?

The FSE listing will 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.

WEST HIGH YIELD RES LTD

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