West High Yield grants option to acquire 50,000 shares

Jun 3, 2025

2025-06-03 19:34 ET – News Release

Mr. Frank Marasco Jr. reports

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES STOCK OPTION GRANT

West High Yield (WHY) Resources Ltd.’s board of directors has approved and authorized the grant and issuance of a total of 50,000 stock options effective June 3, 2025.

All of the options were issued to a consultant of the company. One option entitles the holder thereof to purchase one common share of the company. All of the options vest on their date of grant and have a term of 10 years from their date of grant. The exercise price of the options was set at 48 cents per share, which was the closing trading price of the shares on the TSX Venture Exchange on the day immediately preceding their date of grant.

The grant of the options is subject to the approval of the TSX-V.

About West High Yield (WHY) Resources Ltd.

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring and developing mineral resource properties in Canada. Its primary objective is to develop its world-class Record Ridge critical mineral (magnesium, silica and nickel) deposit using green processing techniques to minimize waste and CO2 (carbon dioxide) emissions.

The company’s Record Ridge critical mineral deposit located 10 kilometres southwest of Rossland, B.C., has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 — Standards of Disclosure for Mineral Projects (NI 43-101) preliminary economic assessment technical report (titled “Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada”) prepared by SRK Consulting (Canada) Inc. on April 18, 2013, in accordance with NI 43-101 and which can be found on the company’s SEDAR+ profile.

Qualified person

Rick Walker, BSc, MSc, PGeo, the company geologist, is a qualified person as defined in National Instrument 43-101 and has reviewed and approved the technical information in this press release.

We seek Safe Harbor.

https://whyresources.com/