West High Yield (W.H.Y) Resources Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for West High Yield (W.H.Y) Resources Ltd
Perm ID: 1-4297610811
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West High Yield (W.H.Y.) Resources Ltd. Announces Final Closing of Oversubscribed Private Placement
West High Yield Resources Ltd. announced the closing of its private placement offering, issuing 1,737,899 units for $399,717. This brings total proceeds to $1,073,937.33 from 4,669,290 units. Each unit includes a common share and a warrant, subject to trading restrictions.
West High Yield (W.H.Y.) Resources Ltd. Announces First Tranche Closing of Private Placement
West High Yield Resources Ltd. announced the closing of the first tranche of its private placement, issuing 2,931,391 units for $674,220.33. The funds will support permitting, operations, and working capital, as the company focuses on its magnesium deposit in Canada.
West High Yield (W.H.Y.) Resources Ltd. Announces Private Placement Offering, Loan Amendments, and World-First Magnesium Battery Breakthrough
West High Yield (W.H.Y.) Resources Ltd. is launching a non-brokered private placement to sell up to 3,913,043 units at CAD$0.23 each, aiming for gross proceeds of CAD$900,000. The offering includes common shares and warrants, with specific terms and conditions outlined.
West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds from Exercise of Options
West High Yield Resources Ltd., a publicly traded junior mining exploration and development company, has announced the receipt of proceeds from the exercise of 100,000 stock options by an option holder. These options were part of an option grant in November 2019. The company focuses on acquiring, exploring, and developing mineral resource properties in Canada, with a primary goal of developing its Record Ridge critical mineral deposit using green processing techniques. The Record Ridge deposit, located near Rossland, British Columbia, contains approximately 10.6 million tonnes of magnesium.
West High Yield (W.H.Y.) Resources Ltd. Announces Final Closings of Oversubscribed Private Placement and Shares-for-Debt Transactions
West High Yield Resources Ltd. has closed the final tranche of its private placement offering, issuing 3,660,935 units for gross proceeds of CAD$732,187. The company has also completed its shares-for-debt transactions to settle CAD$320,000 in outstanding debt. Each unit issued includes one common share and one share purchase warrant. A trading hold period applies to all securities for four months plus one day from issuance. As part of the closing, the company issued 10,000 non-transferable share purchase warrants to a broker and paid them a $2,000 commission.
