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West High Yield Resources ( (TSE:WHY) ) has issued an update.
West High Yield Resources Ltd. has announced the closing of the first tranche of its private placement offering, raising $674,220.33 through the issuance of 2,931,391 units. The funds will support the company’s permitting process, essential operations, and general working capital, potentially enhancing its operational capabilities and market position.
More about West High Yield Resources
West High Yield (W.H.Y.) Resources Ltd. is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop the Record Ridge magnesium, silica, and nickel deposit using environmentally friendly processing techniques to reduce waste and CO2 emissions.
YTD Price Performance: 1.96%
Average Trading Volume: 88,377
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$26.32M
Find detailed analytics on WHY stock on TipRanks’ Stock Analysis page.