WEST High Yield Announces Appointment of CFO and Consulting Engagement
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
NEWS RELEASE
For Immediate Release September 10, 2020
Calgary, Alberta
WEST HIGH YIELD ANNOUNCES APPOINTMENT OF CFO
AND CONSULTING ENGAGEMENT
CALGARY, ALBERTA – September 10, 2020 West High Yield (W.H.Y.) Resources Ltd. ("West High
Yield" or the "Company") (TSXV:WHY) in supporting advancement of its strategic vision, is pleased to
announce the following appointment to its executive team and the entering into a mining consulting
engagement agreement.
The Company announces the appointment of Shelina Hirji, CPA, CMA as Chief Financial Officer effective as
of this date. Ms. Hirji has been acting as CFO of the Company since November 2019. She is a designated
accountant with over 38 years of experience with infrastructure construction in the oil and gas exploration and
production business since early 1990. Her experience in the industry commenced with various senior
accounting and management roles in both public and private companies with extensive participation in growth
opportunities. She has been a key member of the executive management team of these former companies and
assumed a strategic role in the overall management of the c ompanies. Ms. Hirji has extensive experience in
financial management, including financial reporting, corporate accounting, budgeting, and forecasting as well
as stewardship of internal controls. She is a member of the Chartered Professional Accountants of Alberta and
the Advisory Committee for the TSX Venture Exchange. As part of her compensation, Ms. Hirji was granted
350,000 options of the Company with an exercise price of $0.12 and a five-year term.
As the Company continues to plan for its Stage Two Feasibility study and demonstration plant design, the
Company is pleased to announce the engagement of Dr. Fouad Kamaleddine, PhD , P.Eng., President FFK
Consulting Services Inc. as a consultant to the Company. Dr. Kamaleddine provides engineering consultancy
in the field of processing and metallurgy, project development and the development of new technologies from
lab to demo testing and commercialization. He is a co -founder of multiple mining and consulting firms and
has been an officer and director of many public and private mining companies. He is a senior lecturer at the
University of Toronto with over 20 years of academic and industry experience.
“The next steps in the commercialization of the Company’s world class magnesium asset will require cost
effective innovate solutions and I am excited to have the experience and talent of Shelin a and Fouad in
joining our team.” states President and CEO Frank Marasco Jr.
About West High Yield
West High Yield is a publicly traded junior mining exploration company focused on the acquisition,
exploration, and development of mineral resource properties in Canada with a primary objective to locate and
develop economic gold, nickel, and magnesium properties.
For further information, please contact:
Frank Marasco
President and Chief Executive Officer
West High Yield (W.H.Y.) Resources Ltd.
Telephone: (403) 660-3488
Facsimile: (403) 206-7159
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.