West High Yield Resources (TSE:WHY) has released an update.
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West High Yield (W.H.Y.) Resources Ltd. has successfully completed the first tranche of its private placement, raising $528,500 through the issuance of over 2 million units at $0.25 each. These funds are earmarked for advancing the company’s permitting process and bolstering general working capital. The company is known for its commitment to eco-friendly mining practices at its Record Ridge magnesium deposit in British Columbia.
For further insights into TSE:WHY stock, check out TipRanks’ Stock Analysis page.
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