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Release date- 10052024 -
Offering
The Closing consisted of the issuance of 612,000 Units for gross proceeds of
The Company confirms that it issued a total of 3,936,000 Units for total gross proceeds of
The proceeds from the Closing and the Offering will be used for supporting the Company's pilot testing project, concluding its permitting process, covering essential operations and general working capital purposes and expenses.
Sponsorship Agreement
The Company also announces that it has signed a sponsorship agreement (the 'Sponsorship Agreement') with
Pursuant to the Sponsorship Agreement, GI will provide marketing and distribution services to communicate information about the Company to the German financial community and public. In consideration for the provision of the services by GI under the Sponsorship Agreement, West High Yield has agreed to pay GI a fee of
The Sponsorship Agreement is in accordance with applicable Canadian securities laws and subject to the approval of the TSXV.
About West High Yield
West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in
The Company's
Contact:
President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com
Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com
Cautionary Note Regarding Forward-looking Information
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in
Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
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