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West High Yield Resources to raise C$900,000 in fresh capital

Game-breaking magnesium battery technology on the cusp of commercialization

(PresseBox) (Hamburg, )
West High Yield Resources (TSXV: WHY; FRA: W0H) is arranging a private placement to raise a C$900,000 in fresh capital as it nears completion of the permitting process of its Record Ridge Magnesium Project in British Columbia.

According to the company, the shares will be offered in the form of units at a price of CAD 0.23, which represents an increase of $C0.03 compared to the last capital raise. Each unit consists of one share and one full warrant with a 12 months term.

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West High Yield Resources to raise C$900,000 in fresh capital

Disclaimer: GOLDINVEST Consulting GmbH publishes comments, analyses and news on https://goldinvest.de. These contents are intended solely to inform readers and do not constitute a solicitation to act; they are not to be understood, either explicitly or implicitly, as a guarantee of a price development. Furthermore, they do not in any way replace individual expert investment advice and do not constitute an offer to sell the relevant share(s) or a solicitation to buy or sell securities. This is expressly not a financial analysis, but a promotional/journalistic text. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between GOLDINVEST Consulting GmbH and its readers or users of its offers, as our information relates only to the company and not to the reader’s investment decision.

The purchase of securities is associated with high risks that could lead to the total loss of the capital invested. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, but liability for financial losses or a guarantee of the timeliness, correctness, adequacy and completeness of the content of the articles offered here is expressly excluded. Please also note our terms of use.

In accordance with §34b WpHG and §48f Abs. 5 BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and/or partners, customers or employees of GOLDINVEST Consulting GmbH hold shares in West High Yield Resources. and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time, which may affect the price of West High Yield Resources shares. In addition, GOLDINVEST Consulting GmbH is compensated by West High Yield Resources for reporting on the company. This is another clear conflict of interest.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.