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West High Yield (W.H.Y.) Resources Ltd. Announces Non-Brokered Private Placement Offering of Units

West High Yield (W.H.Y.) Resources Ltd. Announces Non-Brokered Private Placement Offering of Units
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West High Yield (W.H.Y.) Resources Ltd.: West High Yield Announces Royalty Unit Private Placement


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 such that each Royalty Unit will be issued to a Subscriber on a closing of the Offering in exchange for a cash payment of CAD$50,000 and the issuance of a promissory note (the ....

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