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West High Yield (W.H.Y.) Resources Ltd.: West High Yield Announces Receipt of $750,000 Secured Loan and Closing of Private Placement - Vimarsana News

West High Yield (W.H.Y.) Resources Ltd.: West High Yield Announces Receipt of $750,000 Secured Loan and Closing of Private Placement

West High Yield (W.H.Y.) Resources Ltd.: West High Yield Announces Receipt of $750,000 Secured Loan and Closing of Private Placement West High Yield" or the " Company") announces that it has arranged for a loan to be provided by Big Mountain Development Corp. Ltd. (the " Lender"), a related party of the Company, in the principal amount of CAD$750,000 (the " Loan"). The Loan will have a term of 12 months and will bear interest at the rate of 10% per annum. The Loan will be secured by the previously executed first charge general security agreement on all of the present and after-acquired proper...