WEST High Yield (W.h.y.) Resources Ltd.

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.

For Immediate Release

July 31, 2026

Calgary, Alberta

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES FINAL CLOSING OF

PRIVATE PLACEMENT

CALGARY, ALBERTA – July 31, 2026 – West High Yield (W.H.Y.) Resources Ltd. (the " Company" or

"West High Yield ") (TSXV:WHY | FSE:W0H) announces that, further to its news releases dated May 21,

20226, June 11, 2026 and June 24, 2026, it is closing the final tranche (the "Closing") of its previously announced

private placement offering (the "Offering") of units (the "Units").

The Closing

The Closing consisted of the issuance 300,000 Units for gross proceeds of $90,000. The Units were issued at a

price of $0.30 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a "Common

Share") and one half (1/2) of one (1) Common Share purchase warrant (each, a "Warrant"). Each full Warrant,

together with CAD$0.45, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12)

months from the date of the Closing.

The Offering

After completion of the Closing, the Company confirms that it issued a total of 4,423,000 Units for total gross

proceeds of $1,326,900.00 under the Offering. All securities comprising the Units issued on the Closing are

subject to a trading hold period expiring four months plus one day from the date of issuance. The Company paid

a finder's fee in connection with the Offering to one finder, comprised of: (i) a cash commission of $1,800.00

(being 6% of the gross proceeds of the Offering sourced by said finder); and (ii) 6,000 finder’s warrants (the

"Finder's Warrants"). The Finder's Warrant will have identical terms to the Warrants.

The acceptance and final approval of the Offering, remain subject to approval by the TSX Venture Exchange

(the "TSXV"), which the Company has submitted for as of the date of this news release.

The proceeds from the Closing have been and will be used by the Company to cover essential operations and

general working capital purposes and expenses.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company, established in 2003,

and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective

is to develop its Record Ridge cri tical mineral (magnesium, silica, and nickel) deposit using green processing

techniques to minimize waste and CO2 emissions.

The Company’s Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of

Rossland, British Columbia. Based on the independently prepared National Instrument 43 -101 Preliminary

Economic Assessment titled “Revised NI 43-101 Technical Report Preliminary Economic Assessment Record

Ridge Project, British Columbia, Canada” prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013,

the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium

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grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The

technical report was prepared in accordance with National Instrument 43 -101 Standards of Disclosure for

Mineral Projects and is available under the Company’s profile at https://www.sedarplus.ca.

Qualified Person

Rick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and

has reviewed and approved the technical information in this press release.

Contact Information:

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.

Frank Marasco Jr., President and Chief Executive Officer

Telephone: (403) 660-3488

Email: [email protected]

Barry Baim, Corporate Secretary

Telephone: (403) 829-2246

Email: [email protected]

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 t he 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 condit ions in Canada and globally; industry

conditions, including governmental regulation; failure to obtain industry partner and other third party consents

and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required

approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should

not be construed as exhaustive.

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 the

United States. The securities of the Company will not be registered under the United States Securities Act of

1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or

for the account or benefit of U.S. persons except in certain transactions exempt from the registration

requirements of the U.S. Securities Act.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS

DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY

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OR ACCURACY OF THIS RELEASE.