West High Yield Resources (TSE:WHY) has released an update.
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West High Yield (W.H.Y.) Resources Ltd. has successfully closed its private placement offering, issuing 435,076 Units to raise $143,575.05, with each Unit comprising one common share and half a warrant. The capital will fund the company’s mining permitting process, operational costs, and general working capital. The company focuses on developing its Record Ridge mineral deposit in British Columbia, with a commitment to green processing techniques.
For further insights into TSE:WHY stock, check out TipRanks’ Stock Analysis page.