Welcome to our dedicated page for West High Yield Res news (Ticker: WHYRF), a resource for investors and traders seeking the latest updates and insights on West High Yield Res stock.
News for West High Yield (W.H.Y.) Resources Ltd. (WHYRF) centers on its activities as a junior mining exploration and development company focused on the Record Ridge critical mineral project in British Columbia. Company updates describe work on magnesium, silica, nickel and iron resources and on advancing the Record Ridge Industrial Mineral Mine under a British Columbia Mines Act Permit.
Readers following WHYRF news will see announcements about project permitting milestones, such as the issuance of the Mines Act Permit and the posting of an initial reclamation bond, along with updates on environmental and pre-construction activities including vegetation audits, tree marking and site-preparation work. These items show how the company reports progress toward construction readiness for Record Ridge.
West High Yield also publishes frequent financing and capital-structure news. Releases have detailed non-brokered private placement offerings of units made up of common shares and common share purchase warrants, as well as multiple rounds of warrant exercises that result in new common shares and gross proceeds to the company. The company states that certain proceeds are used to fund essential operations and working capital.
Another recurring theme in WHYRF news is the company’s description of its environmental and processing approach, including plans to use green processing techniques aimed at minimizing waste and CO2 emissions and its description of the Record Ridge Industrial Mineral Mine as a low-impact project with no onsite chemical processing, tailings, process water or smelting emissions.
Investors and observers can use this news feed to review West High Yield’s own narrative on project development, regulatory steps, financing events and corporate communications related to its critical mineral strategy.
West High Yield (OTC:WHYRF) initiated a proprietary processing pilot at its Record Ridge magnesium/silica project with operations scheduled to start in early February 2026 and a final pilot report expected in April 2026. The pilot will feed data for a feasibility study planned to begin mid-Q2 2026. The company received a Mines Act Permit in October 2025 and a five-year area-based exploration permit. Final permits remain pending, and the company closed a non-brokered private placement of 1,000,000 units for gross proceeds of CAD$500,000.
West High Yield (OTC:WHYRF) closed a conditionally approved non-brokered private placement on January 7, 2026, issuing 1,000,000 Units at $0.50 per Unit for gross proceeds of $500,000.
Each Unit comprises one common share and one warrant; each warrant is exercisable for one common share at CAD $0.65 within 12 months of closing. Securities are subject to a four months plus one day hold period. Proceeds will be used for essential operations and general working capital.
The TSX Venture Exchange gave conditional approval on December 30, 2025, and final TSXV approval remains pending.
West High Yield (WHYRF) announced the award of a BC Mines Act permit for the Record Ridge magnesium project, marking a key regulatory milestone in 2025.
The company says Record Ridge has been advanced into pre-construction readiness and plans to move to construction and first production in 2026. The 2026 roadmap includes final project engineering, long-lead procurement, site preparation, infrastructure development, and the launch of construction toward operational start-up.
Management frames Record Ridge as an environmentally responsible magnesium/silica mine aligned with growing government support for critical mineral supply chains.
West High Yield (WHYRF) announced it has posted the initial reclamation bond for the Record Ridge magnesium and critical minerals project and is advancing permit conditions and pre-construction work toward targeted site mobilization in Q2 2026. The bond fulfills a Mines Act permit requirement, reduces regulatory timeline uncertainty, and aligns the project with provincial environmental and closure standards. The company is completing vegetation audits, tree marking, and baseline site preparation while pursuing federal, provincial and private financing to support phased construction and potential downstream processing.
West High Yield (WHYRF) announced on December 1, 2025 that holders exercised share purchase warrants, resulting in the issuance of 250,000 common shares.
Three warrant holders exercised a total of 250,000 Warrants at an exercise price of CAD$0.35 per Warrant, producing total gross proceeds of CAD$87,500 to the company.
West High Yield (TSXV: WHY / OTC: WHYRF) announced the exercise of share purchase warrants on November 14, 2025. Five warrant holders exercised a total of 180,000 warrants, leading to issuance of 180,000 common shares.
The exercised warrants were at a price of CAD$0.30 each, generating CAD$54,000 in total gross proceeds to the company.
West High Yield (TSXV: WHY / FSE: W0H / OTC: WHYRF) announced on November 7, 2025 that holders exercised share purchase warrants, resulting in the issuance of 1,200,000 common shares.
Five warrant holders exercised a total of 1,200,000 warrants at an exercise price of CAD$0.30 per warrant, producing gross proceeds of CAD$360,000 to the company upon exercise.
West High Yield (W.H.Y.) Resources Ltd (TSXV: WHY / OTC: WHYRF) announced the exercise of outstanding share purchase warrants on October 31, 2025.
Two holders exercised 600,000 warrants at CAD$0.30 each for proceeds of CAD$180,000.00. Four holders exercised 1,223,487 warrants at CAD$0.35 each for proceeds of CAD$428,220.45. The company issued a total of 1,823,487 common shares and received combined gross proceeds of CAD$608,220.45 from the exercises.
West High Yield (TSXV: WHY) announced the exercise of share purchase warrants on October 24, 2025, resulting in the issuance of 794,935 common shares and gross proceeds of CAD$245,180.50.
Four warrant holders exercised 660,935 warrants at CAD$0.30 each (proceeds CAD$198,280.50) and two warrant holders exercised 134,000 warrants at CAD$0.35 each (proceeds CAD$46,900.00).
West High Yield Resources (OTC:WHYRF) announced that on October 21, 2025 the British Columbia Ministry of Mines and Critical Minerals issued a Mines Act Permit for the Record Ridge Industrial Mineral Mine (RRIMM) near Rossland, BC, authorizing construction and operation under environmental oversight.
The Project targets magnesium, silica, nickel, and iron, will begin a small-scale phase selling ore to a U.S. buyer to generate early cash flow, and plans future amendments to support expanded production and a domestic magnesium-refining facility. Construction and mining will proceed in partnership with Skemxist Solutions and the Osoyoos Indian Band, with stated goals of local jobs, environmental protection, and long-term value creation.
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