Announces Proceeds of Exercise of Warrants
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
For Immediate Release
January 24, 2022
Calgary, Alberta
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
ANNOUNCES PROCEEDS OF EXERCISE OF WARRANTS
CALGARY, ALBERTA – January 24, 2022 – West High Yield (W.H.Y.) Resources Ltd. ("West High
Yield" or the " Company") (TSXV:WHY) announces that a holder (the "Warrantholder") of common
share purchase warrants (the " Warrants") exercised an aggregate of 250,000 Warrants resulting in the
issuance of 125,000 common shares of the Company (each, a "Warrant Share") and gross proceeds to the
Company of CAD$37,500.
Two (2) Warrants permitted the Warrantholder to acquire one (1) Warrant Share at an exercise price of
CAD$0.30 per Warrant Share. The Warrants were issued in connection with a private placement financing
of the Company which closed in April of 2021.
About West High Yield
West High Yield is a publicly traded junior mining exploration and development company focused on the
acquisition, exploration, and development of mineral resource properties in Canada with a primary
objective to develop its Record Ridge magnesium deposit using green processing techniques to minimize
waste and CO2 emissions.
Contact Information:
West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: [email protected]
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 und er 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 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 OF THIS RELEASE.