Critical Metals

West High Yield  Resources Ltd. Announces Closing Under Equity Facility with Alumina Partners

West High Yield Resources Ltd. Announces Closing Under Equity Facility with Alumina Partners

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce it has completed a sixth tranche closing (the "Sixth Tranche") under the drawdown equity financing facility (the "Facility") with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners LLC. Terms of the Facility were set forth in the Company's news release dated December 14, 2021.

Under the closing of the Sixth Tranche, the Company issued 1,000,000 units (the "Units") to Alumina at a price of CAD$0.36 per Unit for gross proceeds of CAD$360,000. Each Unit consists of one (1) common share of the Company (each, a "Share" and collectively the "Shares") and one (1) Share purchase warrant (each, a "Warrant" and collectively the "Warrants"). The subscription price of the Units is based on an allowable discounted closing price of the Shares on the TSX Venture Exchange (the "TSXV") as reflected in the Form 4A filed with the TSXV by the Company on May 18, 2023. Each Warrant in the Sixth Tranche is exercisable into one additional Share at a price of CAD$0.5625 for 36 months from the date of closing. The closing of the Sixth Tranche is subject to the final approval of the TSXV. All securities issued pursuant to the Sixth Tranche are subject to the statutory hold period that expires four months and one day from their issuance.

As previously noted in the Company's news release dated December 14, 2021, the Company intends to use the funds under each tranche closing of the Facility to move forward with its pre-feasibility study stage-3 including the detailed design and economic evaluation of its semi-commercial demonstration plant, and to make preparations for mining of the magnesium ore in 2023 at its Record Ridge magnesium deposit in Rossland, British Columbia, Canada.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration, and development of mineral resource properties in Canada with a primary objective 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 magnesium deposit is located 10 kilometres southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced preliminary economic assessment technical report prepared by SRK Consulting (Canada) Inc. in accordance with the National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Contact Information:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: frank@whyresources.com

Cautionary Note Regarding Forward-looking Information

This 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 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 OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166867

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West High Yield

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TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

INTEGRA RESOURCES CORP. ("ITR ")
MILLENNIAL PRECIOUS METALS CORP. ("MPM.WT")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 24, 2023
TSX Venture Tier 1 Company

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West High Yield Announces B.C. Ministry of Mines Accepts Record Ridge Industrial Mineral Mine Permit Submission and Provides Terms of Reference for Final Technical Review

West High Yield Announces B.C. Ministry of Mines Accepts Record Ridge Industrial Mineral Mine Permit Submission and Provides Terms of Reference for Final Technical Review

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to provide an update on the next milestone achieved for obtaining its industrial mining permit (the "Permit") for the Record Ridge Industrial Mineral Mine ("RRIMM" or the "Project") magnesium deposit located 10 kilometers southwest of Rossland, British Columbia.

RRIM Permit - Final Technical Review

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West High Yield Provides a Corporate Update

West High Yield Provides a Corporate Update

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company")  is pleased to provide an update on the status of its mining permit progress for the Record Ridge magnesium deposit located 10 kilometres southwest of Rossland, British Columbia ("Record Ridge" or the "Project") and on the status of its nearby Midnight Gold drilling program (the "Midnight Gold Drilling Program").

Record Ridge Mining Permit

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West High Yield  Resources Ltd. Invites Shareholders and Investment Community to Visit Them at Booth 3332 at PDAC 2023 in Toronto, March 5-8

West High Yield Resources Ltd. Invites Shareholders and Investment Community to Visit Them at Booth 3332 at PDAC 2023 in Toronto, March 5-8

Visit West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) at Booth #3332 at the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 5 to Wednesday, March 8, 2023.

About West High Yield (W.H.Y.) Resources Ltd.

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West High Yield Resources Ltd. Announces Terms of Marketing Consulting Agreement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has engaged Equity.Guru Media Inc. ("EG") to initiate and provide marketing and consulting services pursuant to a Marketing Consulting Agreement (the "Agreement") in compliance with the applicable policies of the TSX Venture Exchange.

For the provision of service rendered by EG under the Agreement, the Company will pay EG a fee equal to CAD$13,333 per month. The Agreement will be in effect for a period of three (3) months (the "Initial Term"), and the Company has the ability to extend the Initial Term at its sole option for further six (6) or twelve (12) month extensions thereafter. If the Company doesn't exercise its option to extend the Agreement after expiration of the Initial Term, the Agreement terminates.

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Appia Receives Positive Assays Results - Announces Plans to Proceed with the Acquisition of Ionic Clay Project, Brazil

Appia Receives Positive Assays Results - Announces Plans to Proceed with the Acquisition of Ionic Clay Project, Brazil

269 Samples Show Positive Correlation to Vendor's Results

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (FSE: A0I0.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") has received a partial set of results from their 15 hole due diligence drilling program completed in April 2023 that confirm the continuity of grade between this representative sample and the Vendor's assay results on The Cachoeirinha Project (the "PCH Project") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. (Click here for the Press Release).

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Appia Announces Commencement of Its 2023 Exploration and Drilling Programs at Its Alces Lake Project in Saskatchewan

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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0.F) (FSE: A0I0.MU) (FSE: A0I0.BE) (the "Company" or "Appia") announces the initial mobilization of its field crew at its 100%-owned Alces Lake Rare Earth Elements (REES) Property, Northern Saskatchewan.

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Discovery confirms the presence of mineralization at the surface and depth; further targets to be determined in the newly acquired portion of the Eureka Dome

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E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") announces the preliminary pXRF drilling results1 for the Adder Target. These results confirm a discovery zone with the presence of REE mineralization confirmed in multiple zones in a drill hole correlating with REE mineralization identified on surface. Mineralization remains open at depth and along strike.

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Minor metals can be mystifying for investors. Many of them have important industrial and high-tech applications, but information on prices, supply and demand can be scarce, making it difficult to jump in.

Speaking to the Investing News Network, Lara Smith, founder of Core Consultants, shared advice on how to understand these smaller-scale markets, emphasizing that it's doable for those who are willing to put in some work.

"Once you start to look at one minor metal, you can know about the rest — you start to learn what goes together," she said, noting that her background in chemistry has helped her understand many lesser-known metals. "All these commodities, all these metal markets have very few drivers, so if you can identify the top driver then you know which direction it's going to go."

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Complete details of the Quarterly Report are available on SEDAR at www.sedar.com, and on HEVI's website .

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Addressing the global bottleneck in rare earth element (REE) separation, E-Tech recognizes the need for a de-risked supply chain for these strategic critical raw materials. While various separation technologies are available, the establishment of separation facilities requires substantial upfront capital investment, a reliable supply of raw materials, and a critical mass to ensure viable operation. Consequently, E-Tech Resources, alongside two other advanced rare earth project developers in Namibia, is exploring the option of conducting a feasibility study for a potential separation plant in Namibia.

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