West High Yield Resources Ltd (WHY)

West High Yield Resources Receives BC Ministry of Transportation and Transit Access Permit for Record Ridge Magnesium Project and Announces Second Tranche Closing of Private PlacementJune 24, 2026 2:38 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - June 24, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has received an access permit (the "Permit") from the British Columbia Ministry of Transportation and Transit authorizing the construction, use, and maintenance of the access and related transportation infrastructure associated with the Company's Record Ridge Industrial Mineral Mine Project ("RRIMM Project" or the "Project") near Rossland, British Columbia. The Company also confirms, further to its news release of May 21, 2026, that it has closed the second tranche (the "Closing") of its previously announced private placement offering (the "Offering") of units (the "Units").The PermitThe Permit has been issued pursuant to the British Columbia Transportation Act and authorizes the occupation and use of a Ministry Right of Way required to access the Project site, including the approved highway access intersection and associated road improvements.Receipt of the Permit represents another important regulatory milestone in the advancement of the RRIMM Project and follows the issuance of the Company's British Columbia Mines Act permit in October 2025. The Permit provides the Company with the necessary provincial transportation access permissions to support future site development, construction, and operation of the Project."This permit is another significant step forward for the Record Ridge Project," said Frank Marasco, President and CEO of West High Yield. "Receipt of this authorization represents an important milestone in the advancement of the Project and reflects continued progress toward construction and future production." The RRIMM Project hosts one of the largest known high-grade magnesium and silica deposits under development in North America. Located approximately 10 kilometers southwest of Rossland, British Columbia, the Project is being developed to supply magnesium-bearing industrial mineral ore products while supporting the Company's longer-term vision of downstream processing and value-added critical mineral production. The Company continues to advance Project planning, detailed engineering, commercialization initiatives, pilot plant testing, and the remaining regulatory authorizations required to fully permit the Project for construction and operation, while progressing toward the next phase of Project development. The Company believes the advancement of the RRIMM Project has the potential to provide substantial long-term economic benefits to the West Kootenay region through employment opportunities, local procurement, infrastructure investment, and increased municipal and regional tax revenues while maintaining a commitment to responsible environmental stewardship and ongoing engagement with Indigenous communities and stakeholders.The Company acknowledges the continued support of the Osoyoos Indian Band (the "OIB") and remains committed to advancing the Project in partnership with OIB and Skemxist Solutions, a company formed through a partnership between the OIB and The Sutherland Group of Companies. The Company will continue working collaboratively with government agencies, local stakeholders, and the community as it advances the Project in a manner focused on responsible development and environmental stewardship.The ClosingThe Closing consisted of the issuance of 2,934,666 Units for gross proceeds of $ 880,399.80. The Units were issued at a price of $0.30 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a "Common Share") and one half (1/2) of one (1) Common Share purchase warrant (each, a "Warrant"). Each full Warrant, together with CAD$0.45, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12) months from the date of the Closing. All securities comprising the Units issued on the Closing will be subject to a trading hold period expiring four months plus one day from the date of issuance. The proceeds from the Closing will be used by the Company to cover expenses and development of the RRIMM Project and for general working capital purposes and expenses. About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the Record Ridge critical mineral deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and is available under the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact InformationWEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-Looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302729 Original: West High Yield Resources Receives BC Ministry of Transportation and Transit Access Permit for Record Ridge Magnesium Project and Announces Second Tranche Closing of Private Placement

Buyers identified

I personally have decided to sell my bike (in order to purchase some shares)
https://www.youtube.com/shorts/fX-xPVAy53E

1 year later - Permit in hand - There seems to be plenty to like.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177701345



15 mins later - Just 40,000 shares sold tho sent it down to .34 ?...ha-ha

Read about this in the paper today

I like what they start saying starting at the 5 minute mark :
They'll basically just be operating a quarry.



The Decision removes a significant regulatory challenge to the RRIMM Project and allows the Company to continue advancing the Project through the remaining provincial permitting processes, providing greater regulatory certainty and reinforcing confidence among shareholders, project partners, investors, and other stakeholders in the Project's path toward development.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177693309





Oh.....Thought I'd never heard of them before but.....I see that I have ;
In fact, evidently I started this board in 2022

West High Yield (W.H.Y.) Resources Ltd. Announces First Tranche Closing of Private Placement and Record Ridge Project UpdateJune 11, 2026 4:30 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - June 11, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") is pleased to announce that, further to its news release of May 21, 2026, it has closed the first tranche (the "Closing") of its previously announced private placement offering (the "Offering") of units (the "Units"), and provide update on its Record Ridge Industrial Minerals Mine project (the "RRIMM Project") located near Rossland, British Columbia, following dismissal of Record Ridge judicial review.The ClosingThe Closing consisted of the issuance 1,188,334 Units for gross proceeds of $356,500.00. The Units were issued at a price of $0.30 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a "Common Share") and one half (1/2) of one (1) Common Share purchase warrant (each, a "Warrant"). Each full Warrant, together with CAD$0.45, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12) months from the date of the Closing. All securities comprising the Units issued on the Closing will be subject to a trading hold period expiring four months plus one day from the date of issuance. The proceeds from the Closing will be used by the Company to cover expenses and development of the RRIMM Project and for general working capital purposes and expenses. RRIM Project UpdateThe Company also notes that, as announced earlier today, the Supreme Court of British Columbia dismissed the judicial review challenging the RRIMM Project and upheld the British Columbia Environmental Assessment Office's determination that the RRIMM Project is not subject to a provincial environmental assessment. As a result, the injunction that had temporarily restricted construction activities pending resolution of the judicial review has been lifted. About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared National Instrument 43-101 Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301149 Original: West High Yield (W.H.Y.) Resources Ltd. Announces First Tranche Closing of Private Placement and Record Ridge Project Update

West High Yield (W.H.Y.) Resources Ltd. Announces Court Dismisses Judicial Review Challenging Record Ridge ProjectJune 11, 2026 9:30 AM
NewsfileCalgary, Alberta--(Newsfile Corp. - June 11, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") is pleased to announce that the Supreme Court of British Columbia has dismissed the judicial review petition challenging the British Columbia Environmental Assessment Office's decision and upheld the determination that its Record Ridge Industrial Minerals Mine project (the "RRIMM Project" or the "Project") located near Rossland, British Columbia, is not subject to an environmental assessment under the British Columbia Environmental Assessment Act (the "Decision"). The Decision removes a significant regulatory challenge to the RRIMM Project and allows the Company to continue advancing the Project through the remaining provincial permitting processes, providing greater regulatory certainty and reinforcing confidence among shareholders, project partners, investors, and other stakeholders in the Project's path toward development."We are pleased with the court's decision and appreciate the careful consideration given to this matter," said Frank Marasco, President and CEO of WHY. "The decision removes a key legal barrier to commencing construction of the Record Ridge Project, subject to completion of the remaining permits, authorizations, and regulatory requirements, which will then allow us to move forward on the project development to honor the definitive offtake agreement that the Company signed with Galaxy Trade and Technology (see press release dated March 12, 2026). West High Yield remains committed to responsible development, environmental stewardship, meaningful Indigenous partnerships, and creating long-term economic opportunities for the region."The RRIMM Project remains subject to extensive regulatory oversight, including multiple provincial permits and approvals under the British Columbia Mines Act, Environmental Management Act, Water Sustainability Act, and other regulatory requirements that impose environmental protection measures, monitoring obligations, reporting requirements, and ongoing government oversight.The Company has recently achieved several significant permitting milestones, including receiving a draft access permit from the Ministry of Transportation and Transit and a draft Environmental Management Act permit from the Ministry of Environment and Parks. In addition, the Company is in the final stages of obtaining its Licence to Cut from the Ministry of Forests. The Company will continue working with regulators to finalize the remaining permits required for construction and operation and looks forward to advancing the RRIMM Project in accordance with all applicable regulatory requirements.The RRIMM Project is a quarry-style industrial minerals project with no on-site chemical processing and no tailings storage facility. The RRIMM Project is expected to provide employment, contracting opportunities, and economic benefits for the West Kootenay region while supplying critical minerals required for North American advanced manufacturing and industrial supply chains.The Company also acknowledges the continued support of the Osoyoos Indian Band (the "OIB") and looks forward to advancing the RRIMM Project in partnership with OIB and Skemxist Solutions, a company formed through a partnership between the OIB and The Sutherland Group of Companies, creating employment and economic opportunities for Indigenous and local communities.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared National Instrument 43-101 Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301019 Original: West High Yield (W.H.Y.) Resources Ltd. Announces Court Dismisses Judicial Review Challenging Record Ridge Project

West High Yield (W.H.Y.) Resources Ltd. Announces Private Placement OfferingMay 21, 2026 3:33 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - May 21, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") is pleased to announce a non-brokered private placement offering for the sale of up to 6,000,000 units of the Company (the "Units") at a price of CAD$0.30 per Unit for aggregate gross proceeds of up to CAD$1,800,000.00 (the "Offering").Each Unit issued under the Offering will consist of one (1) common share of the Company (each, a "Common Share") and one half (1/2) of one (1) Common Share purchase warrant (each, a "Warrant"). Each full Warrant, together with CAD$0.45, will entitle the holder thereof to acquire one (1) additional Common Share for a period of twelve (12) months from its date of issuance. The Warrants will not be listed on the TSX Venture Exchange (the "TSXV"). The Company may pay a finder's fee in connection with the Offering to eligible finders in accordance with the policies of the TSXV and applicable Canadian securities laws consisting of: (i) a cash commission of up to 6% of the gross proceeds of the Offering; and (ii) common share purchase warrants (the "Finder's Warrants") of up to 6% of the number of full Warrants issued under the Offering. The Finder's Warrant will have identical terms to the Warrants.The Offering will be completed pursuant to certain exemptions from the prospectus requirements under applicable Canadian securities laws. All securities issued under the Offering are subject to a statutory hold period from their date of issue in accordance with applicable Canadian securities laws. None of the Units, Common Shares or Warrants will be registered under the United States Securities Act of 1933, as amended, and none may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. The proceeds from the Offering will be used to cover essential operations and general working capital purposes and expenses. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance and approval of the TSXV.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, nickel, and iron) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-Looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298466 Original: West High Yield (W.H.Y.) Resources Ltd. Announces Private Placement Offering

West High Yield Resources Receives Draft Environmental Management Act Permit for Record Ridge ProjectMay 19, 2026 10:14 AM
NewsfileCalgary, Alberta--(Newsfile Corp. - May 19, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") is pleased to announce that it has received the draft Environmental Management Act (British Columbia) permit from the British Columbia Ministry of Environment and Parks (the "EMA Permit") for the Record Ridge Industrial Mineral Mine Project ("RRIMM Project" or the "Project") located near Rossland, British Columbia, Canada.The receipt of the draft EMA Permit represents another major milestone in the advancement of the Project and follows the issuance of the Company's Mines Act (British Coumbia) permit in October 2025 (the "Mines Act Permit") and the recent receipt of the draft Highway Access permit in March 2026 from the British Columbia Ministry of Transportation and Transit. The EMA Permit relates primarily to site water management, environmental monitoring, sediment and erosion control, and fugitive dust management for the Project. The Company is currently conducting a detailed technical review of the draft permit and will continue working constructively with the British Columbia Ministry of Environment and Parks toward finalization of the authorization."The receipt of the draft EMA Permit represents another important milestone for the RRIMM Project and reflects the extensive, envionmental, technical, and regulatory work completed by the Company over several years," said Frank Marasco, the Company's President and CEO. "We believe the continued advancement of the permitting process further reduces overall project development risk and supports ongoing progression toward construction readiness and mining operations in 2026."Permitting UpdatesThe Company also wishes to provide updates regarding other ongoing permitting and Project development activities.Remaining permits and authorizations, including the final Mine Access permit, Water Licence permit, and Occupant Licence to Cut permit, are now in the final stages of review with the applicable regulatory agencies.In parallel with permitting, the Company continues to advance post-permit compliance work under the Mine Act Permit, including detailed engineering, environmental management planning, and construction readiness activities for the Project.Pilot Testing UpdatesThe Company is also pleased to report continued progress on its downstream processing pilot program previously announced on January 28, 2026. The first major milestone involving pilot setup and commissioning activities has now been successfully completed. In addition, preparation of the Record Ridge ore feed for the leaching process has been completed by the laboratory team, and the pilot plant is currently being prepared for operational testing as part of the Company's magnesium and silica processing flowsheet development program.The objective of the pilot program is to generate operational and process data intended to support future engineering work and potential feasibility-level studies relating to a commercial processing plant.Construction Funding UpdatesThe Company continues discussions relating to construction and development financing for the RRIMM Project. The Company is currently in advanced stages of evaluating and progressing funding initiatives and anticipates moving toward finalization following receipt of the remaining key permits and authorizations.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, nickel, and iron) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297955 Original: West High Yield Resources Receives Draft Environmental Management Act Permit for Record Ridge Project

West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of OptionsMay 7, 2026 6:29 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - May 7, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") announces announces the exercise of certain stock options (the "Options") of the Company. Three holders of Options (the "Optionholders") exercised an aggregate of 1,150,000 Options resulting in the issuance of 1,150,000 common shares of the Company (each, an "Option Share") to the Optionholders. The Options were exercisable at a price of CAD$0.20 per Option Share, resulting in gross proceeds to the Company in the amount of CAD$230,000 upon such exercise. About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared National Instrument 43-101 Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296600 Original: West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of Options

West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of OptionsApril 15, 2026 5:32 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - April 15, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") announces announces the exercise of certain stock options (the "Options") of the Company.Three holders of Options (the "Optionholders") exercised an aggregate of 500,000 Options resulting in the issuance of 500,000 common shares of the Company (each, an "Option Share") to the Optionholders. The Options were exercisable at a price of CAD$0.18 per Option Share, resulting in gross proceeds to the Company in the amount of CAD$90,000.00 upon such exercise. About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared National Instrument 43-101 Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292780
Original: West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of Options

CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026March 20, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 20, 2026) - CEO.CA, the leading investor social network in junior resource and venture stocks, shares comprehensive video coverage from the recent PDAC convention in Toronto, ON, Canada.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.As a media partner at investor events around the world, CEO.CA provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy.Get to Know the Leaders Transforming the Future of MiningTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9758/289303_5b6cdcdb7476ea55_001full.jpgTo view the PDAC Conference Interviews, please visit: https://www.youtube.com/watch?v=T0cAdXZUP10&list=PLsD-m-bMQxKbst4Udrum54ymBRMrb-TK7 Battery MetalsPeloton Minerals (CSE: PMC) (OTCQB: PMCCF)St George Mining (ASX: SGQ)Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5)Copper:Algo Grande Copper (TSXV: ALGR) (OTC Pink: KNDYF) (FSE: KM00)Barksdale Resources (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ)C3 Metals (TSXV: CCCM)Element 29 Resources (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU)Gunnison Copper (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0)Midnight Sun (TSXV: MMA) (OTCQX: MDNGF)Mogotes Metals (TSXV: MOG) (OTCQB: MOGMF) (FSE: OY4)Sendero Resources (TSXV: SEND)Critical MetalsAntimony Resources (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0)Nine Mile Metals (CSE: NINE) (OTC PINK: VMSXF) (FSE: KQ9)Scandium Canada (TSXV: SCD)ValOre Metals (TSXV: VO) (OTCQB: KVLQF) (FSE: KEQ0)West High Yield Resources (TSXV: WHY) (FSE: W0H)Gold:Alamos Gold (TSX: AGI) (NYSE: AGI)Amex Exploration (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF)Bold Ventures (TSXV: BOL)Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1)Dryden Gold (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W)Eminent Gold (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB)Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH)Falco Resources (TSXV: FPC)Golden Cariboo Resources (CSE:GCC) (OTCQB: GCCFF) (WKN: A402CQ) (FSE: 3TZ)McFarlane Lake Mining (CSE: MLM) (OTCQB: MLMLF)Mineros SA (TSX: MSA) (OTCQX: MNSAF) (BVC: MINEROS)Newcore Gold (TSXV: NCAU) (OTCQX: NCAUF)Northstar Gold (CSE: NSG)Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0)Rua Gold (TSX: RUA) (NZ: RGI) (OTCQX: NZAUF)Talisker Resources (TSX: TSK) (OTCQX: TSKFF)Thesis Gold & Silver (TSXV: TAU) (OTCQX: THSGF) (FSE: A422AH)TomaGold (TSXV: LOT) (OTC Pink: TOGOF)Polymetallic:Aurania Resources (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q)Spartan Metals (TSXV: W) (OTCQB: SPRMF) (FSE: J03)Royalty Streaming:Ecora Resources (LSE: ECOR) (TSX: ECOR) (OTCQX: ECRAF)Electric Royalties (TSXV: ELEC) (OTCQB: ELECF)Silver:GR Silver Mining (TSXV: GRSL) (OTCQX: GRSLF) (FSE: GPE)Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF)Pinnacle Silver and Gold (TSXV: PINN) (OTCID: PSGCF) (FSE: P9J)Silver Hammer Mining (CSE: HAMR)Silvercorp Metals (TSX: SVM) (NYSE American: SVM)Uranium:Nexus Uranium (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7)Other:Karen Rees, PDAC PresidentRick Rule, Founder and CEO of Rule Investment MediaAbout CEO.CAThe leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.For further information, please contact:CEO.CA
Email: hello@ceo.ca
Website: CEO.CANeither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Cautionary StatementThe information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR+ or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289303
Original: CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026

RETRANSMISSION: West High Yield (W.H.Y.) Resources Ltd. Signs Definitive Forward Sales Agreement to Sell Magnesium Ore from Its Record Ridge ProjectMarch 13, 2026 4:12 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - March 13, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") is pleased to announce that it has executed a definitive forward sales agreement (the "Agreement") with Galaxy Trade and Technology, LLC, a U.S.-based international magnesium supply company ("Galaxy"), for the purchase and sale of magnesium-rich serpentine ore (the "Ore") produced by West High Yield from its Record Ridge Industrial Minerals Mine project ("RRIMM Project") project located near Rossland, British Columbia, Canada.The Agreement, stemming from the letter of intent signed between Galaxy and the Company news released on December 7, 2022, establishes a long-term commercial partnership between the two companies, secures a committed market for the Ore produced from the RRIMM Project and supports the Company's transition toward mine development and production.Under the Agreement, among other things, Galaxy will purchase the Ore from the RRIMM Project over an initial two (2) year period with an option to extend to a nine (9) year term. The Agreement requires an initial USD$5,000,000 deposit to be placed with the Company, in trust, to fund the initial Ore deliveries. The Agreement further establishes a unit price of USD$500 per metric tonne of Ore during the initial two (2) year period, with delivery quantities of Ore expected to range between approximately 6,600 and 7,700 metric tonnes per week during operating months once production at the RRIMM Project begins. The Agreement represents potential revenue exceeding USD$30,000,000 per year for the Company during the initial two (2) year period and production stage. The Agreement marks a major milestone in the commercialization of the RRIMM Project and establishes the first long-term supply relationship for the Ore to be produced at the RRRIM Project. Frank Marasco Jr., President and CEO of West High Yield states: "This Agreement with Galaxy represents a significant step forward for our RRIMM Project. With permitting in place and construction preparations underway, securing a committed long-term purchaser provides a strong commercial foundation as we move toward production. Record Ridge hosts one of the largest and highest-grade magnesium deposits of its type globally, and we are pleased to partner with Galaxy to bring this strategic resource to international markets."Michael North, Board Chairman and CEO of Galaxy, states: "Galaxy executives have followed West High Yield, and talked to its executives regularly, for more than five years, as West High Yield advanced through challenging permit processes in Canada. We congratulate West High Yield, its management, shareholders and stakeholders, on today's announcement, and look forward to supporting the continued success of West High Yield in the years to come."The RRIMM Project received its Mines Act permit from the Province of British Columbia in October 2025 and is advancing toward construction, with initial production expected following completion of site development.The Record Ridge deposit contains magnesium-rich serpentine mineralization located approximately 7.5 kilometers from the town of Rossland in southeastern British Columbia and approximately 5 kilometers from the United States border. The Company holds 100 percent mineral rights of the deposit. Magnesium is strategically recognized as a critical mineral due to its growing importance in aerospace, automotive lightweighting, energy systems, defense applications, and advanced manufacturing. The RRIMM Project positions West High Yield as a potential future supplier of magnesium feedstock to global markets.The Company will provide further updates as it advances post permit compliance activities, completes remaining project permitting and construction preparations, and finalizes additional commercial arrangements related to the project.About Galaxy Trade and Technology, LLCGalaxy is a direct source of magnesium, from mine to manufacturer, revolutionizing entire industries with light, strong, versatile, durable and energy-efficient magnesium. An international company based in the United States, Galaxy is streamlining global supply chains, offering both standard and custom alloys for enhanced performance. Galaxy is helping to move the global economy from heavy metals to light metals of the future: clean, green, less carbon-intensive, bending the curve on climate change.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit, located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288502
Original: RETRANSMISSION: West High Yield (W.H.Y.) Resources Ltd. Signs Definitive Forward Sales Agreement to Sell Magnesium Ore from Its Record Ridge Project

West High Yield (W.H.Y.) Resources Ltd. Provides Update Regarding Record Ridge Project Court DecisionMarch 12, 2026 6:00 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - March 12, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") provides the following update regarding a recent court decision related to its Record Ridge Industrial Minerals Mine project (the "RRIMM Project") located near Rossland, British Columbia. On March 11, 2026, the Supreme Court of British Columbia (the "Court") granted a temporary injunction (the "Injunction") requested by the Save Record Ridge Action Committee (the "SRRAC") preventing the Company from commencing ground-disturbing construction activities at the RRIMM Project until the judicial review hearing (the "Judicial Review Hearing") of a decision of the Chief Environmental Assessment Officer (the "CEAO") is heard and determined.The Judicial Review Hearing concerns the CEAO's August 2025 determination that the RRIMM Project does not require an environmental assessment under the British Columbia Environmental Assessment Act (the "Act") because the RRIMM Project falls below the applicable production threshold and the CEAO's determination that he would not exercise his discretion to order an environmental assessment after considering the relevant factors in the Act.The Court also ordered that the Judicial Review Hearing be accelerated, and it has therefore been moved from August 17, 2026, to May 5, 2026. The Court acknowledged that construction timing for the RRIMM Project is dependent on weather conditions and that certain additional permits and authorizations are still in progress. Based on the Court's decision, the Company has decided to appeal the Injunction and counsel to the Company filed the leave to appeal notice on March 11, 2026. The Company believes the regulatory approvals obtained for the RRIMM Project were properly issued, that there are no errors in the CEAO's August 2025 determination, and intends to continue fully defending its position through the legal process.In addition, the Company will be seeking a review of the security posted by SRRAC in connection with the Injunction. The current amount of security ordered by the Court is $162,500, which the Company believes is insufficient relative to the potential damages associated with the delay of the RRIMM Project. The Company intends to seek an increase in this security to more appropriately reflect the potential financial impacts, particularly in light of the Company's recently executed definitive offtake agreement with Galaxy Trade and Technology, LLC, which was announced on March 12, 2026 (link to the press release).The Company remains confident in the regulatory process that has been followed to date and looks forward to the British Columbia Court of Appeal hearing the expedited Judicial Review Hearing scheduled for May 5, 2026.The RRIMM Project remains permitted under the British Columbia Mines Act, and the Company continues to maintain its permits and regulatory compliance. While the temporary injunction remains in place, the Company will continue advancing its post-permit compliance requirements, remaining authorizations, and preparatory work required for construction.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared National Instrument 43-101 Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium. The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288340
Original: West High Yield (W.H.Y.) Resources Ltd. Provides Update Regarding Record Ridge Project Court Decision

West High Yield (W.H.Y.) Resources Ltd. Signs Definitive Forward Sales Agreement to Sell Magnesium Ore from Its Record Ridge ProjectMarch 12, 2026 9:00 AM
NewsfileCalgary, Alberta--(Newsfile Corp. - March 12, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) ("West High Yield" or the "Company") is pleased to announce that it has executed a definitive forward sales agreement (the "Agreement") with Galaxy Trade and Technology, LLC, a U.S.-based international magnesium supply company ("Galaxy"), for the purchase and sale of magnesium-rich serpentine ore (the "Ore") produced by West High Yield from its Record Ridge Industrial Minerals Mine project ("RRIMM Project") project located near Rossland, British Columbia, Canada.The Agreement, stemming from the letter of intent signed between Galaxy and the Company news released on December 7, 2022, establishes a long-term commercial partnership between the two companies, secures a committed market for the Ore produced from the RRIMM Project and supports the Company's transition toward mine development and production.Under the Agreement, among other things, Galaxy will purchase the Ore from the RRIMM Project over an initial two (2) year period with an option to extend to a nine (9) year term. The Agreement requires an initial USD$5,000,000 deposit to be placed with the Company, in trust, to fund the initial Ore deliveries. The Agreement further establishes a unit price of USD$500 per metric tonne of Ore during the initial two (2) year period, with delivery quantities of Ore expected to range between approximately 6,600 and 7,700 metric tonnes per week during operating months once production at the RRIMM Project begins. The Agreement represents potential revenue exceeding USD$30,000,000 per year for the Company during the initial two (2) year period and production stage. The Agreement marks a major milestone in the commercialization of the RRIMM Project and establishes the first long-term supply relationship for the Ore to be produced at the RRRIM Project. Frank Marasco Jr., President and CEO of West High Yield states: "This Agreement with Galaxy represents a significant step forward for our RRIMM Project. With permitting in place and construction preparations underway, securing a committed long-term purchaser provides a strong commercial foundation as we move toward production. Record Ridge hosts one of the largest and highest-grade magnesium deposits of its type globally, and we are pleased to partner with Galaxy to bring this strategic resource to international markets."Michael North, Board Chairman and CEO of Galaxy, states: "Galaxy executives have followed West High Yield, and talked to its executives regularly, for more than five years, as West High Yield advanced through challenging permit processes in Canada. We congratulate West High Yield, its management, shareholders and stakeholders, on today's announcement, and look forward to supporting the continued success of West High Yield in the years to come."The RRIMM Project received its Mines Act permit from the Province of British Columbia in October 2025 and is advancing toward construction, with initial production expected following completion of site development.The Record Ridge deposit contains magnesium-rich serpentine mineralization located approximately 7.5 kilometers from the town of Rossland in southeastern British Columbia and approximately 5 kilometers from the United States border. The Company holds 100 percent mineral rights of the deposit. Magnesium is strategically recognized as a critical mineral due to its growing importance in aerospace, automotive lightweighting, energy systems, defense applications, and advanced manufacturing. The RRIMM Project positions West High Yield as a potential future supplier of magnesium feedstock to global markets.The Company will provide further updates as it advances post permit compliance activities, completes remaining project permitting and construction preparations, and finalizes additional commercial arrangements related to the project.About Galaxy Trade and Technology, LLCGalaxy is a direct source of magnesium, from mine to manufacturer, revolutionizing entire industries with light, strong, versatile, durable and energy-efficient magnesium. An international company based in the United States, Galaxy is streamlining global supply chains, offering both standard and custom alloys for enhanced performance. Galaxy is helping to move the global economy from heavy metals to light metals of the future: clean, green, less carbon-intensive, bending the curve on climate change.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit, located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288152
Original: West High Yield (W.H.Y.) Resources Ltd. Signs Definitive Forward Sales Agreement to Sell Magnesium Ore from Its Record Ridge Project

West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of WarrantsMarch 11, 2026 10:58 AM
NewsfileCalgary, Alberta--(Newsfile Corp. - March 11, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") announces the exercise of share purchase warrants (the "Warrants") of the Company. Four holders of Warrants exercised an aggregate of 785,750 Warrants resulting in the issuance of 785,750 common shares of the Company. The specific Warrants held and exercised by the the warrantholders were exercisable at a price of CAD$0.35 per Warrant, resulting in total gross proceeds to the Company in the amount of CAD$275,012.50 upon such exercise.About West High Yield West High Yield 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 (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-Looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288113
Original: West High Yield (W.H.Y.) Resources Ltd. Announces Exercise of Warrants

West High Yield (W.H.Y.) Resources Ltd. Receives Draft Highway Access Permit for Record Ridge Project, Marking Another Key Development MilestoneMarch 9, 2026 10:55 AM
NewsfileCalgary, Alberta--(Newsfile Corp. - March 9, 2026) - West High Yield Resources Ltd. (TSXV: WHY) (the "Company" or "West High Yield") is pleased to announce that it has received a draft access permit (the "Draft Permit") from the British Columbia Ministry of Transportation and Transit (the "MOTT") for highway access associated with the Company's Record Ridge Industrial Mineral Mine project (the "RRIMM Project") located near Rossland, British Columbia.The Draft Permit outlines the proposed framework for controlled RRIMM Project access from the provincial highway system, including the Cascade Highway corridor. This represents another key regulatory step forward as the Company advances the RRIMM Project following the issuance of its Mines Act permit from the British Columbia Ministry of Mines on October 20, 2025.Highway access is a critical infrastructure component for the RRIMM Project, supporting construction mobilization, transportation logistics, and future mining operations. The Company will now work with the MOTT to finalize permit conditions, including final engineering design, traffic safety measures, and operational parameters required for project access.The receipt of the Draft Permit further strengthens the RRIMM Project's position as one of the most advanced permitted magnesium projects under development in North America, at a time when governments across Canada and the United States are prioritizing the development of domestic critical minerals supply chains.Magnesium is recognized as a strategic material essential to automotive lightweighting, aerospace manufacturing, defense applications, and advanced industrial alloys. Global supply is currently highly concentrated outside North America, creating increasing urgency for the development of secure, domestic sources of magnesium and related critical materials."Receiving the draft highway access permit from the Ministry of Transportation and Transit is another important milestone as we continue advancing Record Ridge toward development," said Frank Marasco, West High Yield's President and CEO. "Infrastructure access is fundamental to transitioning the project from permitting into construction readiness. With the Mines Act Permit already secured, this step moves us closer to unlocking one of North America's largest and most strategically positioned magnesium resources.""With global leaders at PDAC 2026 highlighting a "hinge moment" for the mining sector, we believe Record Ridge is well positioned to contribute to Canada's critical minerals strategy," Mr. Marasco continued. "As magnesium becomes increasingly important for advanced manufacturing and clean technologies, Record Ridge has the potential to provide a secure, low-carbon source of magnesium for North American supply chains."The Company is diligently working with its consultants and government authorities to advance post-permit compliance requirements and complete remaining project permitting. In parallel, the Company continues to advance several development initiatives, including pilot processing programs, engineering studies, and strategic industry engagement, with the goal of advancing the processing plant project toward a commercial feasibility study planned for mid-2026. The Company will provide additional updates as further project development milestones are achieved.About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287761
Original: West High Yield (W.H.Y.) Resources Ltd. Receives Draft Highway Access Permit for Record Ridge Project, Marking Another Key Development Milestone

West High Yield (W.H.Y.) Resources Ltd. Advances Processing Pilot Program, and Announces Permitting Advancement and Closing of Non-Brokered Private PlacementJanuary 26, 2026 4:21 PM
NewsfileCalgary, Alberta--(Newsfile Corp. - January 26, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") is pleased to announce: (i) the initiation of its proprietary processing pilot program at its magnesium/silica Record Ridge industrial minerals project (the "Project"); (ii) significant advancement in permitting and post-permit compliance activities of the Project; and (iii) the closing of a single tranche (the "Closing") of a conditionally approved non-brokered private placement offering (the "Offering") of units (the "Units").Processing Pilot Program UpdateThe Company is pleased to report that it has initiated a pilot test of its proprietary metallurgical processing technology. A contract has been signed with Process Research Ortech Inc. ("PRO") of Mississauga, Ontario, to conduct the pilot test at PRO's laboratory facility.Preparatory work is already underway, with pilot operations scheduled to begin in early February 2026 and completion, including delivery of a final report, expected in April 2026. This pilot program represents a significant step between the successful laboratory-scale research previously conducted at Kingston Process Metallurgy ("KPM") in Kingston, Ontario, and future full-scale industrial implementation, providing critical data to validate process performance, operating parameters, and scalability.The results from the pilot program are expected to provide essential data to support the initiation of a feasibility study for the Company's first commercial processing plant, which is planned to commence in mid-Q2 2026.Permitting and Post-Permit Compliance UpdateSince receiving its Mines Act Permit from the British Columbia Ministry of Mining and Critical Minerals in October 2025 (the "Permit"), the Company has been working closely with its consultants and government authorities to advance the remaining permitting requirements under the Project. These include the Environmental Management Act (British Columbia) permit, a "Water Licence" under the British Columbia Water Sustainability Act, a "Licence to Cut" from the British Columbia Ministry of Forests, and a Mine Access Permit from the British Columbia Ministry of Transportation and Transit. Significant progress has been made toward securing these approvals, and the Company anticipates receiving the remaining permits in the near future. Further updates will be provided as each approval is obtained.The Company and its consultants are actively engaged in the post-permit compliance phase, working to complete and submit all required studies and reports in advance of construction. Final designs for the Project's mine and access road have been completed, providing the technical foundation for the remaining compliance work.The Company is confident that this phase will be finalized on schedule, positioning it to commence Project construction activities in Q2 2026.Grant of Multi-Year Area-Based Exploration PermitThe Company is also pleased to report that British Columbia Ministry of Mining and Critical Minerals has granted it a multi-year area-based exploration permit valid for a five-year period. This permit authorizes the Company to carry out additional exploration activities, including drilling, on its mineral claims located outside the designated Record Ridge mining area, which is now fully covered under the existing Permit.Closing of Non-Brokered Private PlacementThe Closing under the Offering consisted of the issuance of 1,000,000 Units for gross proceeds of $500,000. The Units were issued at a price of $0.50 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a "Common Share") and one-half (1/2) of one (1) Common Share purchase warrant (each, a "Warrant"). Each Warrant, together with CAD$0.65, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12) months from the date of the Closing. All securities comprising the Units issued on the Closing are subject to a trading hold period expiring four months plus one day from the date of issuance. The proceeds from the Closing have been and will be used by the Company to cover essential operations and for general working capital purposes and expenses. After completion of the Closing, the Company confirms that the Offering has been completed in full. The Company received conditional approval for the Offering from the TSX Venture Exchange (the "TSXV") on January 20, 2026 by way of filing a price reservation form. Final approval of the Offering remains subject to approval by the TSXV, which the Company has submitted for as of the date of this news release. About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.Qualified PersonRick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.Contact Information:WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.comBarry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com Cautionary Note Regarding Forward-looking InformationThis press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281636
Original: West High Yield (W.H.Y.) Resources Ltd. Advances Processing Pilot Program, and Announces Permitting Advancement and Closing of Non-Brokered Private Placement

any day its been a long long waite getting closer by the day will shoot up to dollars in a blink of a eye

https://ca.finance.yahoo.com/news/b-c-fast-tracking-18-235026552.html finaly it took 22 years here we go

https://stockscan.io/stocks/WHYRF/forecast now holding over a million shares buying on dips for 3 years , its time for this to go above 500%

https://investingnews.com/securing-north-americas-strategic-and-critical-magnesium-supply-chain/

long ride here very bumpy but getting very close any day the news of the big permit

must watch new updates

well its taken years but its finaly becoming a $3.00 +++++++stock

https://goldinvest.de/why-invest-in-why-resources/

https://goldinvest.de/why-resources-secures-partnership-with-osoyoos-indian-band-to-build-and-operate-its-record-ridge-mine/

stock of the century to be talked about everywhere soon it was worth the waite you will see

https://goldinvest.de/why-invest-in-why-resources/ , well it took a while but heare it is

ok alittle delay but watch this

its been a long haul but today we should see the start of the run

eyes on matter of time this takes off hidden gem

must read for this stock https://www.energyportal.eu/news/the-environmental-benefits-of-switching-to-magnesium-batteries/41488/

magnesium batteries, will be crucial to ensuring the safety and reliability of our energy storage solutions.

it makes sense there should be some sort of pricing that is a premium to spot price but below US spot price which incorporates China tariffs. Of course, this assumes the US doesn't impose significant tariffs on Canadian product. (I think it is 4 percent for countries with Most Favored Trade status. It could also be zero tariffs under Free Trade agreement, not sure)

5x to 7x the EBITDA sounds about right for a mining project. At 250k tons, Record Ridge is over $100M EBITDA per year regarless if its raw ore or MgO plant. I dont see more value possible until the 1M+ ton permit is issued and we know this might be another journey by itself.

WHY probably sells a major stake once the ore permit is on hand. Need to wait for ore sales and then $1B plus royalty will seem reasonable. Before permit approval $500M plus royalty might be fair. Tik Tok.

magnesium world price, https://tradingeconomics.com/commodity/magnesium

Almost de-risked now. 11 million tons of MAG. At current MAG prices, I could be wrong but I believe after tax NPV is around $2 Billion CAD. That is more than 4-5 times initial full mine capex. Very compelling ratio. A Major could pay many multiples of current market cap and pay for the acquisition with even one year's cashflow :)

@newsfile/west-high-yield-announces-bc-ministry-of-mines-accepts $WHYRF $WHY $CA9532641086 #news/mining

and its done the permit ,huge news 19 years to get here

getting warmer heading up , here we go , $$$$$$$$$$$$

West High Yield Resources





·
West High Yield Resources is focused on the exploration and development of the following critical minerals:
?? Magnesium
?? Gold
?? Silica
?? Nickel
?? Iron
Learn more by visiting: https://loom.ly/zNTLSw4
#WestHighYield #MiningCompany #CriticalMinerals #TSX #TSXV #WHY

this is the one to watch ,big big money coming here

https://whyresources.com/

https://whyresources.com/

Magnesium-ion batteries for electric
vehicles: Current trends and future
perspectives Abstract
Lithium-ion batteries have enabled electric vehicles to achieve a foothold in the automobile market. Due to an increasing
environmental consciousness, electric vehicles are expected to take a larger portion of the market, with the ultimate
goal of supplanting traditional vehicles. However, the involved costs, sustainability, and technical limitations of lithium-ion
batteries do create substantial obstacles to this goal. Therefore, this article aims at presenting magnesium-ion batteries

Tokyo University of Science
Summary:
Magnesium is a promising candidate as an energy carrier for next-generation batteries. However, the cycling performance and capacity of magnesium batteries need to improve if they are to replace lithium-ion batteries. To this end, a research team focused on a novel cathode material with a spinel structure. Following extensive characterization and electrochemical performance experiments, they have found a specific composition that could open doors to high-performance magnesium rechargeable batteries.

With over 20 years of experience in academia, Dr. Kamaleddine provides technical services to mining companies through his integrated mining consulting partnership firm AIS Inc.
He has demonstrated success in conducting challenging industrial research leading to several inventions and multiple achievement awards.
Know more about our board of directors and advisors: https://loom.ly/FLG7-Ws
#WestHighYield #MiningCompany #IndustryExpert #TSX #TSXV #WHY