Financings
West High Yield (W.H.Y.) Resources Ltd. Announces Closing of Non-Brokered Private Placement

WHY · Price
Executive Summary
- West High Yield Resources Ltd. closed a single‑tranche, conditionally approved non‑brokered private placement of 1,000,000 units for gross proceeds of $500,000.
- Each unit was priced at $0.50 and consisted of one common share plus one warrant (exercisable with an additional CAD $0.65 for a second share within 12 months).
- Proceeds will be used to fund essential operations and general working capital; the offering is now complete pending final TSXV approval.
Key Details
- Units Issued: 1,000,000 units
- Gross Proceeds: $500,000 (CAD $0.50 per unit)
- Unit Composition: 1 common share + 1 common‑share purchase warrant
- Warrant Terms: Each warrant, together with CAD $0.65, allows the holder to acquire one additional common share for a period of twelve (12) months from the closing date.
- Trading Hold: All securities are subject to a trading hold of four months plus one day from issuance.
- Use of Proceeds: To cover essential operations and general working capital expenses.
- Regulatory Status: Conditional approval received from TSX Venture Exchange on 30 Dec 2025 via price reservation form; final approval pending submission at the time of release.
Notable Quotes
(No CEO/President quotes were included in the release.)
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Jun 24, 2026 · 14:39