Page 17 - Record Ridge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

West High Yield (W.H.Y.) Resources Ltd.: West High Yield Announces Royalty Unit Private Placement West High Yield" or the " Company") announces that its board of directors has approved a non-brokered private placement (the " Offering") of a contractual royalty (the " Royalty") by way if the issuance of Royalty units (the " Royalty Units") pursuant to applicable prospectus exemptions under Canadian securities legislation. The Offering will comprise up a maximum of 40 Royalty Units priced at CAD$250,000 per Royalty Unit, for total gross proceeds of up to CAD$10,000,000. The Offering terms are ...