West High Yield closes $500,000 financing, borrows $1M
WEST HIGH YIELD ANNOUNCES COMPLETION OF PRIVATE PLACEMENT AND LOAN AGREEMENT West High Yield (WHY) Resources Ltd. has completed its previously announced non-brokered private placement of common shares. The company issued 1,515,151 common shares at a price of 33 cents per common share for gross proceeds of $500,000. All of the common shares issued under the private placement are subject to a four-month resale restriction. The private placement is subject to receipt of all necessary regulatory...
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