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 (TSXV: WHY / OTC: WHYRF) announced warrant exercises on October 9, 2025 resulting in the issuance of 1,533,304 common shares and total gross proceeds of CAD$489,156.40.
Four holders exercised 950,000 warrants at CAD$0.30 each for CAD$285,000.00, and two holders exercised 583,304 warrants at CAD$0.35 each for CAD$204,156.40. The combined exercises increased the company’s outstanding common shares by 1,533,304.
West High Yield (WHYRF) announced a grant of 385,000 stock options effective October 6, 2025. The options were issued to 10 consultants, each exercisable for one common share at an exercise price of CAD $0.40, which equals the TSXV closing price on the grant date.
All options vest immediately, have a 10-year term, and are subject to TSXV approval and a four-month-plus-one-day hold period under Canadian securities rules.
West High Yield Resources (TSXV: WHY) reported the exercise of share purchase warrants by multiple holders. Three warrant holders exercised 570,000 warrants at CAD$0.30 each, generating proceeds of CAD$171,000. Additionally, one holder exercised 43,478 warrants at CAD$0.35 each, contributing CAD$15,217.30. The combined warrant exercises resulted in total gross proceeds of CAD$186,217.30 for the company and the issuance of 613,478 new common shares.
West High Yield Resources (TSXV: WHY) has responded to legal challenges from the Save Record Ridge Action Committee (SRRAC) regarding its Record Ridge Industrial Minerals Project. SRRAC filed for judicial review of the British Columbia Environmental Assessment Office's (EAO) decision not to require an environmental assessment for the project.
The company has revised its production targets from 200,000 tonnes to 63,500 tonnes per year to comply with regulatory thresholds. The project has received support from the Osoyoos Indian Band through a formal Cooperation Agreement, with construction and operations to be led by Skemixst Solutions. Environmental studies confirm safe extraction conditions, with the project implementing comprehensive dust suppression and monitoring systems, including an asbestos mitigation plan that maintains levels at 0.0001% versus the 0.1% Canadian guideline.
West High Yield Resources (TSXV: WHY) announced the exercise of share purchase warrants by multiple holders. Two warrant holders exercised 525,000 warrants at CAD$0.30 each, generating proceeds of CAD$157,500. Additionally, three holders exercised 73,478 warrants at CAD$0.35 each, contributing CAD$25,717.30. The total proceeds from all warrant exercises amounted to CAD$183,217.30, resulting in the issuance of 598,478 new common shares.
West High Yield Resources (TSXV: WHY) has received a draft mining permit from the British Columbia Ministry of Mining and Critical Minerals for its Record Ridge Industrial Minerals Mine Critical Minerals project. The draft permit outlines conditions for the company's planned magnesium and silica extraction activities.
The company will conduct a thorough review of the draft permit with internal and external experts to ensure compliance with technical, environmental, and operational requirements. A final decision on the mining permit application is expected in the coming weeks.
West High Yield Resources (TSXV: WHY) has announced the exercise of share purchase warrants by multiple holders. One warrantholder exercised 50,000 warrants at CAD$0.30 each, generating proceeds of CAD$15,000. Additionally, two warrantholders exercised 112,000 warrants at CAD$0.35 each, resulting in proceeds of CAD$39,200.
The combined warrant exercises generated total gross proceeds of CAD$54,200 for the Company and resulted in the issuance of 162,000 new common shares.
West High Yield Resources (TSXV: WHY) announced the exercise of stock options and warrants. Five option holders exercised 2,400,000 options at CAD$0.12 per share, generating gross proceeds of CAD$288,000. Additionally, one warrant holder exercised 100,000 warrants at CAD$0.30 per share, resulting in proceeds of CAD$30,000.
The combined transactions resulted in the issuance of 2,500,000 new common shares and total gross proceeds of CAD$318,000 for the Company.
West High Yield Resources (TSXV: WHY) has received a favorable Final Designation Decision from the British Columbia Environmental Assessment Office (EAO) for its Record Ridge Industrial Minerals Project. The EAO confirmed that the project will not require additional environmental review under Section 11 of the Environmental Assessment Act, as potential effects are adequately addressed through existing regulations.
The project, located near Rossland, British Columbia, focuses on producing critical minerals including magnesia (MgO) and silica (SiO2), essential for clean energy transition. The Osoyoos Indian Band has expressed support for the project, and it has already advanced to the draft Mines Act permit stage after review by the British Columbia Mine Development Review Committee.
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