WEST High Yield (W.h.y.) Resources Ltd. Announces Appointment of New Auditor
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
For Immediate Release
September 26, 2023
Calgary, Alberta
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ANNOUNCES
APPOINTMENT OF NEW AUDITOR
CALGARY, ALBERTA – September 26, 2023 – West High Yield (W.H.Y .) Resources Ltd. ("West High
Yield" or the " Company") (TSXV:WHY) today announced that it has changed its auditors from KPMG
LLP (the "Former Auditor") to MNP LLP (the "Successor Auditor"). The Former Auditor resigned as
the Company's auditor . The board of directors of the Company appointed the Successor Auditor as the
new auditor effective September 21, 2023, until the close of the Company's next annual general meeting of
shareholders.
There were no reservations in the Former Auditor's audit reports for any financial period during which the
Former Auditor was the Company's auditor. There are no "reportable events" (as the term is defined in
National Instrument 51-102 – Continuous Disclosure O bligations ("NI 51-102")) between the Company
and the Former Auditor.
In accordance with NI 51-102, the Notice of Change of Auditor, together with the required letters from the
Former Auditor and the Successor Auditor, have been reviewed by the Company's audit committee and are
filed on SEDAR+ accordingly.
"We are delighted to welcome MNP as our new auditor. Their substantial expertise in the mining industry,
coupled with their global network, make them an ideal fit for both our current operation goals and our future
strategic objectives", said the Company’s President and Chief Executive Officer, Frank Marasco Jr.
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, silica, and nickel deposit using green processing
techniques to minimize waste and CO2 emissions.
The Company’s Record Ridge magnesium deposit located 10 kilometers southwest of Rossland, British
Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently
produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43 -101")
Preliminary Economic Assessment technical report prepared by SRK Consulting (Canada) Inc. in
accordance with NI 43-101.
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 conditions 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.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POL ICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.