Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

WHY.V ·

WEST High Yield Announces Appointment of CFO and Consulting Engagement

Management Changes

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.