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West High Yield Resources ( (TSE:WHY) ) just unveiled an update.
West High Yield Resources Ltd. has announced the final closing of its oversubscribed private placement, raising a total of $1,073,937.33 through the issuance of 4,669,290 units. The funds will be used to support the company’s permitting process, essential operations, and general working capital. The completion of this financing round highlights the company’s strategic focus on advancing its mineral projects and maintaining its operational momentum.
More about West High Yield Resources
West High Yield (W.H.Y.) Resources Ltd. is a publicly traded junior mining exploration and development company based in Canada. The company focuses on acquiring, exploring, and developing mineral resource properties, with a primary objective to develop its Record Ridge critical mineral deposit, which includes magnesium, silica, and nickel, using environmentally friendly processing techniques.
Average Trading Volume: 109,757
Technical Sentiment Signal: Buy
Current Market Cap: C$27.06M
For a thorough assessment of WHY stock, go to TipRanks’ Stock Analysis page.