West High Yield Resources (TSXV: WHY; FRA: W0H) is arranging a private placement to raise a C$900,000 in fresh capital as it nears completion of the permitting process of its Record Ridge Magnesium Project in British Columbia.

According to the company, the shares will be offered in the form of units at a price of CAD 0.23, which represents an increase of $C0.03 compared to the last capital raise. Each unit consists of one share and one full warrant with a 12 months term.

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West High Yield Resources to raise C$900,000 in fresh capital

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In accordance with §34b WpHG and §48f Abs. 5 BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and/or partners, customers or employees of GOLDINVEST Consulting GmbH hold shares in West High Yield Resources. and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time, which may affect the price of West High Yield Resources shares. In addition, GOLDINVEST Consulting GmbH is compensated by West High Yield Resources for reporting on the company. This is another clear conflict of interest.

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