West High Yield Closes Financing

West High Yield Resources Ltd. (TSXV:WHY) announced the closing of its previously announced non-brokered Private Placement, raising gross proceeds of $370,700 through the issuance of 1,235,666 Units at a price of $0.30 per Unit.

As quoted in the press release:

Each Unit consists of one (1) Common Share (“Common Share”) and one (1) Common Share Purchase Warrant (“Warrant”). Ten full Warrants will entitle the holder to purchase one (1) Common Share of the Company at an exercise price of $0.45 for a period of one year from the date of issue.

Click here to read the West High Yield Resources Ltd. (TSXV:WHY) press release
Click here to see the West High Yield Resources Ltd. (TSXV:WHY) profile.