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West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of Options and Warrants

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West High Yield Resources (TSXV: WHY) announced the exercise of stock options and warrants. Five option holders exercised 2,400,000 options at CAD$0.12 per share, generating gross proceeds of CAD$288,000. Additionally, one warrant holder exercised 100,000 warrants at CAD$0.30 per share, resulting in proceeds of CAD$30,000.

The combined transactions resulted in the issuance of 2,500,000 new common shares and total gross proceeds of CAD$318,000 for the Company.

West High Yield Resources (TSXV: WHY) ha annunciato l'esercizio di opzioni e warrant. Cinque titolari di opzioni hanno esercitato 2.400.000 opzioni a CAD$0,12 per azione, generando proventi lordi di CAD$288.000. Inoltre, un detentore di warrant ha esercitato 100.000 warrant a CAD$0,30 per azione, realizzando proventi di CAD$30.000.

Le operazioni complessive hanno portato all'emissione di 2.500.000 nuove azioni ordinarie e a proventi lordi totali di CAD$318.000 per la Società.

West High Yield Resources (TSXV: WHY) anunció el ejercicio de opciones y warrants. Cinco titulares de opciones ejercieron 2.400.000 opciones a CAD$0.12 por acción, generando ingresos brutos de CAD$288.000. Además, un tenedor de warrants ejerció 100.000 warrants a CAD$0.30 por acción, resultando en ingresos de CAD$30.000.

Las transacciones combinadas dieron lugar a la emisión de 2.500.000 nuevas acciones ordinarias y a ingresos brutos totales de CAD$318.000 para la Compañía.

West High Yield Resources (TSXV: WHY)� 스톡옵션� 워런트의 행사 사실� 발표했습니다. 5명의 옵션 보유자가 주당 CAD$0.12� 2,400,000옵션� 행사� � CAD$288,000� 총수익을 창출했습니다. 또한 � 명의 워런� 보유자가 주당 CAD$0.30� 100,000워런�� 행사� CAD$30,000� 수익� 얻었습니�.

이들 거래� 합해 회사� 2,500,000주의 신규 보통�� 발행했으� � CAD$318,000� 총수익을 확보했습니다.

West High Yield Resources (TSXV: WHY) a annoncé l'exercice d'options et de bons de souscription. Cinq détenteurs d'options ont exercé 2 400 000 options à CAD$0,12 par action, générant des produits bruts de CAD$288 000. De plus, un détenteur de warrants a exercé 100 000 warrants à CAD$0,30 par action, entraînant des produits de CAD$30 000.

Les opérations combinées ont entraîné l'émission de 2 500 000 nouvelles actions ordinaires et des produits bruts totaux de CAD$318 000 pour la Société.

West High Yield Resources (TSXV: WHY) gab die Ausübung von Aktienoptionen und Warrants bekannt. Fünf Optionsinhaber übten 2.400.000 Optionen zu CAD$0,12 je Aktie aus und erzielten Bruttoerlöse in Höhe von CAD$288.000. Zusätzlich übte ein Warranthalter 100.000 Warrants zu CAD$0,30 je Aktie aus, was Erlöse von CAD$30.000 ergab.

Die kombinierten Transaktionen führten zur Ausgabe von 2.500.000 neuen Stammaktien und zu insgesamt CAD$318.000 Bruttoerlösen für das Unternehmen.

Positive
  • Generated total proceeds of CAD$318,000 from options and warrants exercise
  • Demonstrates confidence from option and warrant holders in the company
Negative
  • Potential dilution from issuance of 2.5 million new shares

Calgary, Alberta--(Newsfile Corp. - August 21, 2025) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") announces announces the exercise of certain stock options (the "Options") and share purchase warrants (the "Warrants") of the Company.

Options

Five holders of options (the "Optionholders") exercised an aggregate of 2,400,000 Options resulting in the issuance of 2,400,000 common shares of the Company (each, an "Option Share"). The Options were exercisable at a price of CAD$0.12 per Option Share, resulting in gross proceeds to the Company in the amount of CAD$288,000.00 upon such exercise.

Warrants

One holder of Warrants (the "Warrantholder") exercised an aggregate of 100,000 Warrants resulting in the issuance of 100,000 common shares of the Company (each, a "Warrant Share"). The specific Warrants held and exercised by the Warrantholder were exercisable at a price of CAD$0.30 per Warrant Share, resulting in gross proceeds to the Company in the amount of CAD$30,000.00 upon such exercise.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions.

The Company's Record Ridge critical mineral 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 (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at .

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 the 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.

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.

To view the source version of this press release, please visit

FAQ

How many options and warrants were exercised in West High Yield Resources (WHY)?

A total of 2,400,000 options and 100,000 warrants were exercised, resulting in the issuance of 2.5 million new common shares.

What was the exercise price for WHY stock options and warrants?

The options were exercised at CAD$0.12 per share, while the warrants were exercised at CAD$0.30 per share.

How much money did West High Yield raise from the options and warrants exercise?

The company raised total gross proceeds of CAD$318,000, comprising CAD$288,000 from options and CAD$30,000 from warrants.

How many option holders exercised their WHY stock options?

Five option holders exercised their options, while one warrant holder exercised their warrants.
West High Yield Res Ltd

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