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West High Yield (W.H.Y.) Resources Ltd. Announces Closing of Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - January 7, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") announces that it is closing a single tranche (the "Closing") of a conditionally approved non-brokered private placement offering (the "Offering") of units (the "Units").The Closing consisted of the issuance of 1,000,000 Units for gross proceeds of $500,000. The Units were issued at a price of $0.50 per Unit, with each Unit consisting of one..
About this update from West High Yield (w.h.y.) Resources Ltd.
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - January 7, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") announces that it is closing a single tranche (the "Closing") of a conditionally approved non-brokered private placement offering (the "Offering") of units (the "Units").","length":380,"tagName":"p"},{"type":"text","content":"The Closing consisted of the issuance of 1,000,000 Units for gross proceeds of $500,000. The Units were issued at a price of $0.50 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a "Common Share") and one (1) Common Share purchase warrant (each, a "Warrant"). Each Warrant, together with CAD$0.65, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12) months from the date of the Closing.","length":475,"tagName":"p"},{"type":"text","content":"All securities comprising the Units issued on the Closing are subject to a trading hold period expiring four months plus one day from the date of issuance. The proceeds from the Closing have been and will be used by the Company to cover essential operations and for general working capital purposes and expenses.","length":312,"tagName":"p"},{"type":"text","content":"After completion of the Closing, the Company confirms that the Offering has been completed in full. The Company received conditional approval for the Offering from the TSX Venture Exchange (the "TSXV") on December 30, 2025 by way of filing a price reservation form. Final approval of the Offering remains subject to approval by the TSXV, which the Company has submitted for as of the date of this news release.","length":420,"tagName":"p"},{"type":"text","content":"About West High Yield","length":21,"tagName":"p"},{"type":"text","content":"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) deposit using green processing techniques to minimize waste and CO2 emissions.","length":354,"tagName":"p"},{"type":"text","content":"The Company's Record Ridge critical mineral deposit located 10 kilome...