West High Yield Resources Closes Private Placement

West High Yield Resources (TSXV:WHY) has closed its previously announced private placement for gross proceeds of $100,000.
As quoted in the press release:

Each Unit is priced at $0.35 and consists of one (1) Common Share (“Common Share”) and 1 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 $0.55 for a period of one year from the date of issue. The Private Placement is subject to receipt of all necessary regulatory approvals including final approval of the TSX Venture Exchange. The proceeds of the Private Placement will be used for general corporate purposes and working capital. Finders fees of $10,000 were paid with respect to the private placement.

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