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West High Yield Resources Ltd. (TSXV:WHY) reported its financial results and Management Discussion and Analysis (MD&A) for the six months that ended on June 30, 2013. The Company also announced a proposed non-brokered private placement consisting of up to 1,600,000 units, at $0.45 a unit, for a total of up to $720,000.
As quoted in the press release:
…announces the release of its financial results andManagement Discussion and Analysis (“MD&A”) for the six months ended June 30, 2013. The unaudited interim condensed financial statements and related MD&A for the six months ended June 30, 2013 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.
The Company also announces a proposed non-brokered private placement of up to $720,000 through the sale of up to 1,600,000 Units (the “Units”) at a price of $0.45 per Unit. Each Unit will consist of one (1) Common Share (“Common Share”) in the capital of the Company 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 $0.60 for a period of one year the from the date of issue (the “Warrant Term”).
Click here to read the West High Yield Resources Ltd. (TSXV:WHY) press release
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