Announces Exercise of Options
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
For Immediate Release
April 15, 2026
Calgary, Alberta
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
ANNOUNCES EXERCISE OF OPTIONS
CALGARY, ALBERTA – April 15, 2026 – West High Yield (W.H.Y.) Resources Ltd. (" West High Yield"
or the "Company") (TSXV:WHY) (FSE:W0H) announces announces the exercise of certain stock options (the
"Options") of the Company.
Three holders of Options (the "Optionholders") exercised an aggregate of 500,000 Options resulting in the
issuance of 500,000 common shares of the Company (each, an " Option Share") to the Optionholders . The
Options were exercisable at a price of CAD$0.18 per Option Share, resulting in gross proceeds to the Company
in the amount of CAD$90,000.00 upon such exercise.
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
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
1412-1690-4990, v. 1
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
OR ACCURACY OF THIS RELEASE.