West High Yield Completes First Tranche of Private Placement

Apr 25, 2018

CALGARY, Alberta, April 25, 2018 (GLOBE NEWSWIRE) -- West High Yield (W.H.Y.) Resources Ltd. ("West High Yield" or the "Company") (TSXV:WHY, Financial) announces that it has completed the first tranche of its previously announced non-brokered private placement of units ("Units"). The Company issued an aggregate of 1,409,750 Units at a price of $0.35 per Unit for gross proceeds of $493,412.50. Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-third of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.55 for a period of one year from the date of issuance of the Warrant.

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