Critical Metals

West High Yield  Resources Ltd. Announces Second Tranche Closing of Oversubscribed Private Placement

West High Yield Resources Ltd. Announces Second Tranche Closing of Oversubscribed Private Placement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce, further to its news releases of December 13, 2022 and December 22, 2022, that it has closed the second tranche (the "Closing") of its previously announced private placement offering (the "Offering") of ordinary units of the Company (the "Units").

The Closing consisted of the issuance of 309,530 Units for gross proceeds of $130,002.60. The Units were issued at a price of $0.42 per Unit. Each Unit consists of one (1) Common share of the Company (each, a "Common Share") and one (1) Common Share purchase warrant (each, a "Warrant"). Each Warrant, together with CAD$0.70, entitles the holder thereof to acquire one (1) additional Common Share until January 18, 2025. All securities issued in connection with the Closing are subject to a statutory hold period in accordance with applicable securities legislation ending on May 19, 2023.

The proceeds from the issuance of the Units will be used for the Company's general working capital purposes and expenses.

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 magnesium, silica, and nickel deposit using green processing techniques to minimize waste and CO2 emissions.

The Company's Record Ridge magnesium deposit located 10 kilometers 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 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/151759

News Provided by Newsfile via QuoteMedia

WHY:CA
West High Yield

West High Yield

Overview

West High Yield Resources Ltd. (TSXV:WHY) is focused on developing its wholly-owned Record Ridge magnesium property located near Rossland in southern British Columbia. Magnesium is considered a strategic metal and plays a critical role in a wide range of industries including agriculture, construction (magnesium wallboard and magnesium cement), battery materials, aerospace technology, automotive, power tools, pharmaceuticals, computers and sporting equipment. A gray metal with a green future, magnesium is making its way into a variety of products aimed at making the world an environmentally-friendlier, healthier and safer place to live.

West High Yield is working to position itself as a leading North American magnesium supplier. The company has received a permit for a 10,000-tonne bulk sampling program at Record Ridge. As per the permit requirements, West High Yield is also initiating environmental studies and mine plan development on the project. Record Ridge is in the final stages of the permitting process and the company has completed a stage-one pre-feasibility study (PFS) for the project.

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West High Yield  Resources Ltd. Announces Grant of Stock Options

West High Yield Resources Ltd. Announces Grant of Stock Options

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that its board of directors approved and authorized the grant of 1,748,000 stock options (the "Options") to various directors and consultants of the Company effective February 3, 2023. The Options were granted in accordance with the terms of the stock option plan of the Company. All of the Options vested on their date of grant. One (1) Option entitles the holder thereof to purchase one (1) common share of the Company (each a "Share" and collectively, the "Shares") at a price of CAD$0.45 per Share for a period of five (5) years from the Option grant date. The exercise price of the Options was set as the closing trading price of the Shares on the Option grant date.

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West High Yield  Resources Ltd. Completes 2022 Core Assay Program and Discovers New Vein-Hosted Gold to 32.5 g/t

West High Yield Resources Ltd. Completes 2022 Core Assay Program and Discovers New Vein-Hosted Gold to 32.5 g/t

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce the confirmation of additional high-grade gold assays (see Tables 1 and 2) and to provide a status update from its 6,000 metre exploration drilling program initiated in 2022 at its Midnight gold claim ("Midnight") located in Rossland, British Columbia (the "2022 Drilling Program"). The Rossland Gold Camp historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.

HIGHLIGHTS

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TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

F3 URANIUM CORP. ("FUU ")
[Formerly FISSION 3.0 CORP. ("FUU ")]
BULLETIN TYPE:  Name Change
BULLETIN DATE: January 27, 2023
TSX Venture Tier 2 Company

News Provided by Canada Newswire via QuoteMedia

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West High Yield  Resources Ltd. Announces Final Closing of Oversubscribed Private Placement

West High Yield Resources Ltd. Announces Final Closing of Oversubscribed Private Placement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce, further to its news releases of December 13, 2022, December 22, 2022 and January 18, 2023, that it has closed the final tranche (the "Closing") of its previously announced private placement offering (the "Offering") of ordinary units (the "Ordinary Units").

The Closing consisted of the issuance of 159,524 Ordinary Units for gross proceeds of $67,000. The Ordinary Units were issued at a price of $0.42 per Ordinary Unit. Each Ordinary Unit consists of one (1) Common share of the Company (each, a "Common Share") and one (1) Common Share purchase warrant (each, an "Ordinary Warrant"). Each Ordinary Warrant, together with CAD$0.70, entitles the holder thereof to acquire one (1) additional Common Share until January 26, 2025. All securities issued in connection with the Closing are subject to a statutory hold period in accordance with applicable securities legislation ending on May 27, 2023.

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West High Yield  Resources Ltd. Announces First Tranche Closing of Oversubscribed Private Placement

West High Yield Resources Ltd. Announces First Tranche Closing of Oversubscribed Private Placement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce, further to its news release of December 13, 2022, that it has closed the first tranche (the "Closing") of both of its previously announced private placement offerings (the "Offerings") of flow-through units of the Company (the "Flow-Through Units") and ordinary units of the Company (the "Ordinary Units" and together with the Flow-Through Units, the "Units"). The Flow-Through Units were issued at a price of $0.50 per Flow-Through Unit and the Ordinary Units were issued at a price of $0.42 per Ordinary Unit.

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How to Invest in Magnesium

How to Invest in Magnesium

Magnesium plays an important role in healthcare and industrial applications, making it worthy of investor consideration.

Not to be confused with manganese, which is also crucial for the development of a healthy body, magnesium is one of three secondary plant nutrients, along with sulfur and calcium, that are found in abundance on land and in water.

Necessary for over 300 biochemical reactions, magnesium is deemed vital for healthy bones and good circulation. Magnesium oxide is produced when magnesium and oxygen combine, and is commonly used in heartburn and indigestion remedies.

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Magnesium Bike Frames: A Challenge and Opportunity

Magnesium Bike Frames: A Challenge and Opportunity

As cyclists search for the strongest and lightest bike, magnesium may play a role in their quest.

Magnesium, along with titanium, carbon fiber and even scandium, has been touted as a better bike frame material than the more traditional steel and aluminum.

Though magnesium has fallen in and out of favor over the years, bike makers like VAAST still seem to be betting on its success. The American brand incorporates magnesium producer Allite’s proprietary Super Magnesium technology to offer a lighter, smoother ride at a similar cost to aluminum. VAAST’s recent market offerings include the A/1 all-road or gravel bike andthe E/1 electric urban bike.

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MGX Minerals Inc

MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.

Western Magnesium Corporation

Western Magnesium Corp is focused on being the low-cost producer and high-quality magnesium metal which is a strategic commodity prized for its strength and lightweight qualities. It focuses on plant operations and magnesium production and continues to move towards the buildout of its pilot plant facility and the development of a full-scale commercial magnesium production facility. The company operates in the exploration and development of mineral property interests.

Compass Minerals Intl Inc

Compass Minerals Intl Inc

Compass Minerals produces two primary products: salt and specialty fertilizers. The company's main assets include rock salt mines in Ontario, Louisiana, and the United Kingdom and salt brine operations at the Great Salt Lake in Utah. Compass' salt products are used for deicing and also by industrial and consumer end markets. The firm also sells sulfate of potash, which is used by growers of high-value crops that are sensitive to standard potash. Compass is expanding its portfolio and plans to enter the fire retardant market, with its magnesium chloride-based product used to combat forest fires. The company also plans to enter the lithium market. Compass will produce magnesium chloride and lithium as byproducts from its sulfate of potash operation.

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West High Yield (W.H.Y.) Resources Ltd. Signs Forward Contract LOI to Sell Magnesium Ore from Record Ridge Deposit

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has signed a letter of intent (the "LOI") with APG Galaxy Trade and Technology, LLC, a U.S.-based company focused on the acquisition and production of magnesium and other precious metals ("Galaxy"), for the purchase and sale of magnesium serpentine ore (the "Ore") produced by West High Yield at its Record Ridge magnesium deposit (the "Deposit") located near Rossland, British Columbia, Canada (the "Transaction").

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