| West High Yield Announces Convertible Debt Private Placement | |
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CALGARY, ALBERTA--(Marketwired - Sep 14, 2015) - West High Yield (W.H.Y.) Resources Ltd. ("West High Yield" or the "Company") (TSX VENTURE:WHY) announces a non-brokered Private Placement of up to $25,000 US Dollars of Convertible Debentures. Each Unit is a $12,500.00 US Dollars Unsecured Convertible Debenture with a one year term from date of issue, earns interest at 12% per annum and convertible to Common Shares at a conversion price of $0.30 US at the holders discretion throughout the term. The Private Placement is subject to receipt of all necessary regulatory approvals including final approval of the TSX Venture Exchange. The proceeds of the Private Placement will be used for consulting fees associated with a proposed agreement with a US based investment banking advisory firm to support the Company's effort to secure capital to develop its Record Ridge Magnesium project. About West High Yield West High Yield is a publicly traded junior mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold, nickel and magnesium properties. Reader Advisory Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 52,083,473 Common Shares Issued
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West High Yield Resources
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EXPLORATEUR |
CODE : WHY.V |
ISIN : CA9532641086 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
WHY Resources est une société d’exploration minière basée au Canada. Son principal projet en exploration est ROSSLAND MINING CAMP au Canada. WHY Resources est cotée au Canada. Sa capitalisation boursière aujourd'hui est 17,7 millions CA$ (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. |