West High Yield receives $37,500 from warrant exercise
2022-01-24 16:19 ET – News Release
Mr. Frank Marasco reports
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES PROCEEDS OF EXERCISE OF WARRANTS
A holder of West High Yield Resources Ltd. common share purchase warrants has exercised an aggregate of 250,000 warrants, resulting in the issuance of 125,000 common shares of the company and gross proceeds to the company of $37,500.
Two warrants permitted the warrantholder to acquire one warrant share 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 April of 2021.
About West High Yield 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 carbon dioxide emissions.
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