West High Yield (W.H.Y.) Resources Ltd. announced a non-brokered private placement offering for the sale of up to 4,545,454 units at an issue price of CAD 0.33 per Unit for aggregate gross proceeds of up to CAD 1,499,999.82 on July 9, 2024. Each Unit issued under the Offering will consist of one common share and one half of one common share purchase warrant. Each full Warrant, together with CAD 0.45, will entitle the holder thereof to acquire one additional Common Share for a period of eighteen months from each full Warrant?s date of issuance.

The Warrants will not be listed on the TSX Venture Exchange. The Company may pay a finder's fee in connection with the Offering to eligible finders in accordance with the policies of the TSXV and applicable Canadian securities laws consisting of a cash commission of up to 6% of the gross proceeds of the Offering; and common share purchase warrants of up to 6% of the number of full Warrants issued under the Offering. The Finder's Warrant will have identical terms to the Warrants.

The Offering will be completed pursuant to certain exemptions from the prospectus requirements under applicable Canadian securities laws. All securities issued under the Offering are subject to a statutory hold period from their date of issue in accordance with applicable Canadian securities laws. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance and approval of the TSXV.