West High Yield receives $11,250 from warrant exercise
2022-02-04 16:03 ET – News Release
Mr. Frank Marasco reports
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES PROCEEDS OF EXERCISE OF WARRANTS
Holders of West High Yield (W.H.Y.) Resources Ltd.’s common share purchase warrants exercised an aggregate of 75,000 warrants resulting in the issuance of 37,500 common shares of the company and gross proceeds to the company of $11,250.
Each warrantholder acquired one warrant share for every two warrants held at an exercise price of 30 cents per warrant share. The warrants were issued in connection with a private placement financing of the company which closed in February, 2021.
About West High Yield (W.H.Y.) Resources Ltd.
West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium deposit using green processing techniques to minimize waste and CO2 (carbon dioxide) emissions.
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