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West High Yield Resources Retains Macam Investor Relations
Published : May 27, 2011
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Mots clés associés :   Canada |

CALGARY, ALBERTA--(Marketwire - May 27, 2011) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (News - Market indicators) ("West High Yield" or the "Company") is pleased to advise that it has entered into a consulting agreement with Macam Investor Relations ("Macam IR") to provide investor relation services, subject to regulatory and TSX Venture Exchange ("TSXV") approval. Macam IR will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of West High Yield and its activities.

The initial term of the agreement between West High Yield and Macam IR is for a six month period subject to renewal or earlier termination by either party. Macam IR will receive a monthly fee of $7,500. In addition, subject to regulatory approval, Macam IR will be granted 300,000 options at an exercise price of $0.30. The stock options have standard vesting provisions and will expire two years from the date of issuance.

West High Yield is developing a substantial magnesium resource at its Record Ridge South property near Rossland, B.C. The Company controls approximately 6,134 contiguous hectares of mineral and crown granted claims on its property. The Company has obtained a NI 43-101 Reserve Report prepared by SRK Consulting of Denver, Colorado indicating 9,160,000 gross tonnes of magnesium (7,145,000 tonnes recoverable) on the property. Visit the West High Yield website at www.whyresources.com for more information about West High Yield.

READER ADVISORY

This news release may contain certain forward-looking statements, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company's 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 so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

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.

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
frank@whyresources.com
Calgary, Alberta
or
West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
vinck@shaw.ca
Calgary, Alberta
or
Macam Investor Relations
Justin Cubberley
VP, Trading & Research
(403) 457-4290
(403) 984-4150 (FAX)
jcubberley@macamgroup.com
www.macamgroup.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

West High Yield Resources

EXPLORATEUR
CODE : WHY.V
ISIN : CA9532641086
Suivi et investissement
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WHY Resources est une société d’exploration minière basée au Canada.

Son principal projet en exploration est ROSSLAND MINING CAMP au Canada.

WHY Resources est cotée au Canada. Sa capitalisation boursière aujourd'hui est 17,7 millions CA$ (12,9 millions US$, 12,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 05 octobre 2017 à 3,80 CA$, et son plus bas niveau récent le 01 avril 2020 à 0,07 CA$.

WHY Resources possède 53 598 624 actions en circulation.

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Financements de West High Yield Resources
17/04/2015Announces Private Placement
27/09/2013Closes Private Placement
Attributions d'options de West High Yield Resources
27/05/2011Retains Macam Investor Relations
Rapports Financiers de West High Yield Resources
19/04/2013Announces Year End 2012 Annual Audited Financial Results
26/04/2011Announces Year End 2010 Audited Financial Results
Projets de West High Yield Resources
04/06/2013Announces Results of Preliminary Economic Assessment
22/01/2013s Status of Anticipated Preliminary Economic Assessment and ...
16/09/2009(Rossland Mining Camp)Additional 2009 Gold Drilling Program and Closing of First T...
Communiqués de Presse de West High Yield Resources
02/06/2016West High Yield Announces Corporate Developments
04/05/2016West High Yield Appoints Corporate Secretary and Grants Stoc...
04/05/2016West High Yield Announces Completion of Private Placement an...
21/03/2016West High Yield Announces Private Placement
27/11/2015West High Yield Releases Financial Results and Holds Annual ...
04/11/2015West High Yield Announces Two 10,000 Tonne Bulk Sample Permi...
03/11/2015West High Yield Announces Two 10,000 Tonne Bulk Sample Permi...
30/09/2015West High Yield Announces Convertible Debt Private Placement
30/09/2015West High Yield Grants Stock Options
14/09/2015West High Yield Announces Convertible Debt Private Placement
04/09/2015West High Yield Grants Stock Options
28/08/2015West High Yield Releases Financial Results
16/07/2015West High Yield Announces Private Placement Closing
17/04/2015West High Yield Announces Private Placement
30/01/2015West High Yield Announces Private Placement
29/12/2014West High Yield Grants Stock Options
19/11/2014West High Yield Releases Financial Results
27/10/2014West High Yield Releases Sample Testing Results
06/10/2014West High Yield Provides Corporate Update
17/09/2014West High Yield Closes Private Placement
15/08/2014West High Yield Releases Financial Results
31/07/2014West High Yield Announces Private Placement
22/05/2014West High Yield Releases 2013 Financial Results
24/04/2014West High Yield Releases 2013 Financial Results
09/08/2013Releases Second Quarter 2013 Financial Results and Proposed ...
09/07/2013Announces Corporate Developments
30/06/2011Announces Closing of Private Placement with the MineralField...
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TSX-V (WHY.V)
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