West High Yield Resources

Published : July 31st, 2014

West High Yield Announces Private Placement

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Keywords :   Canada | Gold | Magnesium | Nickel |

West High Yield Announces Private Placement

CALGARY, ALBERTA--(Marketwired - Jul 31, 2014) - West High Yield (W.H.Y.) Resources Ltd. ("West High" or the "Company") (TSX VENTURE:WHY) announces a non-brokered Private Placement of up to $600,000 of Units. Each Unit is priced at $0.30 and consists of one (1) Common Share ("Common Share") and 1/10 of one (1) Common Share Purchase Warrant ("Warrant"). Ten full Warrants will entitle the holder to purchase one (1) Common Share of the Company at an exercise price of $0.45 for a period of one year from the date of issue. The Private Placement is subject to receipt of all necessary regulatory approvals including final approval of the TSX Venture Exchange. The proceeds of the Private Placement will be used for general corporate purposes, working capital and obtaining permits for the sale of a 10,000 ton bulk sample and gold reclamation. Closing is anticipated to take place on or before September 10, 2014.

About West High

West High is a publicly traded intermediate mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold, nickel and magnesium properties. The Company is currently undertaking to develop its magnesium property located in Rossland, British Columbia.

For further information please contact the officers below or visit the Company's website at www.whyresources.com.

READER ADVISORY

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.

This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.

49,276,093 Common Shares Issued

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

West High Yield Resources

EXPLORATION STAGE
CODE : WHY.V
ISIN : CA9532641086
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Contact Cpy

WHY Resources is a exploration company based in Canada.

Its main exploration property is ROSSLAND MINING CAMP in Canada.

WHY Resources is listed in Canada. Its market capitalisation is CA$ 11.3 millions as of today (US$ 8.3 millions, € 7.4 millions).

Its stock quote reached its highest recent level on October 05, 2017 at CA$ 3.80, and its lowest recent point on April 01, 2020 at CA$ 0.07.

WHY Resources has 53 598 624 shares outstanding.

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Financings of West High Yield Resources
4/17/2015Announces Private Placement
9/27/2013Closes Private Placement
Option Grants of West High Yield Resources
5/27/2011Retains Macam Investor Relations
Financials of West High Yield Resources
4/19/2013Announces Year End 2012 Annual Audited Financial Results
4/26/2011Announces Year End 2010 Audited Financial Results
Project news of West High Yield Resources
6/4/2013Announces Results of Preliminary Economic Assessment
1/22/2013s Status of Anticipated Preliminary Economic Assessment and ...
9/16/2009(Rossland Mining Camp)Additional 2009 Gold Drilling Program and Closing of First T...
Corporate news of West High Yield Resources
6/2/2016West High Yield Announces Corporate Developments
5/4/2016West High Yield Appoints Corporate Secretary and Grants Stoc...
5/4/2016West High Yield Announces Completion of Private Placement an...
3/21/2016West High Yield Announces Private Placement
11/27/2015West High Yield Releases Financial Results and Holds Annual ...
11/4/2015West High Yield Announces Two 10,000 Tonne Bulk Sample Permi...
11/3/2015West High Yield Announces Two 10,000 Tonne Bulk Sample Permi...
9/30/2015West High Yield Announces Convertible Debt Private Placement
9/30/2015West High Yield Grants Stock Options
9/14/2015West High Yield Announces Convertible Debt Private Placement
9/4/2015West High Yield Grants Stock Options
8/28/2015West High Yield Releases Financial Results
7/16/2015West High Yield Announces Private Placement Closing
4/17/2015West High Yield Announces Private Placement
1/30/2015West High Yield Announces Private Placement
12/29/2014West High Yield Grants Stock Options
11/19/2014West High Yield Releases Financial Results
10/27/2014West High Yield Releases Sample Testing Results
10/6/2014West High Yield Provides Corporate Update
9/17/2014West High Yield Closes Private Placement
8/15/2014West High Yield Releases Financial Results
7/31/2014West High Yield Announces Private Placement
5/22/2014West High Yield Releases 2013 Financial Results
4/24/2014West High Yield Releases 2013 Financial Results
8/9/2013Releases Second Quarter 2013 Financial Results and Proposed ...
7/9/2013Announces Corporate Developments
6/30/2011Announces Closing of Private Placement with the MineralField...
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