West High Yield Resources ( (TSE:WHY) ) has issued an update.
West High Yield Resources Ltd. announced the final closing of its oversubscribed private placement, raising a total of $1,073,937.33 through the issuance of 4,669,290 units. The proceeds from this offering will be used to conclude the company’s permitting process, support essential operations, and cover general working capital expenses. This successful fundraising effort reflects strong investor confidence and positions the company to advance its strategic objectives, particularly in developing its Record Ridge project in British Columbia.
More about West High Yield Resources
West High Yield (W.H.Y.) Resources Ltd. 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 deposit, which includes magnesium, silica, and nickel, using green processing techniques to minimize waste and CO2 emissions.
Average Trading Volume: 109,757
Technical Sentiment Signal: Buy
Current Market Cap: C$27.06M
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