Business
West High Yield (W.H.Y.) Resources Ltd. Provides Letter to Shareholder from Presdent and CEO
Calgary, Alberta--(Newsfile Corp. - December 22, 2025) -  West High Yield (W.H.Y.) Resources...
About this update from West High Yield (w.h.y.) Resources Ltd.
[{"type":"text","content":"West High Yield (W.H.Y.) Resources Ltd. Provides Letter to Shareholder from Presdent and CEOCalgary, Alberta--(Newsfile Corp. - December 22, 2025) -  West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the \"Company\" or \"West High Yield\") today released the following letter from President and Chief Executive Officer Frank Marasco Jr.Letter from President and CEODear Shareholders,As we close out 2025, I would like to extend my sincere appreciation to all our shareholders for their continued support and confidence in the Company This year has been one of meaningful progress, disciplined execution, and growing momentum across the Company's business. In 2025, the Company achieved an important milestone with the award of the BC Mines Act Permit for the Record Ridge magnesium project (the \"Project\"). This accomplishment represents years of focused technical, environmental, and regulatory work, and positions the Company to enter a transformative phase as it moves toward construction and first production at the Project in 2026.Throughout the year, West High Yield's team remained focused on disciplined execution, regulatory progress, environmental stewardship, and strengthening its foundation as the Company advance Record Ridge toward development. These efforts have materially de-risked the Project and advanced it into its current stage of pre-construction readiness.At the same time, the global landscape for critical minerals has shifted decisively. Magnesium/Silica/Nickel and Iron have emerged as priority materials for governments and industries seeking to secure domestic and North American supply chains. In response, governments across Canada, the United States, and the European Union have:enacted policies to accelerate permitting for strategic minerals;introduced incentives, grants, and funding access for domestic mining and processing; andstrengthened supply chain mandates for materials essential to national security, decarbonization, and advanced manufacturing.These macro forces present a significant tailwind for companies like West High Yield with advanced-stage, strategically located critical mineral assets. The recognition of these critical minerals as \"strategic\" reinforces the relevance of Record Ridge, underscores the relevance of the Project, and emphasises the opportunity ahead as the Company mov...