Latest news with #RickWalker
Yahoo
03-06-2025
- Business
- Yahoo
West High Yield (W.H.Y.) Resources Ltd. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - June 3, 2025) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") is pleased to announce that its board of directors approved and authorized the grant and issuance of a total of 50,000 stock options (each an "Option" and collectively, the "Options") effective June 3, 2025. All of the Options were issued to a consultant of the Company. One (1) Option entitles the holder thereof to purchase one (1) common share of the Company (each a "Share" and collectively, the "Shares"). All of the Options vest on their date of grant and have a term of ten (10) years from their date of grant. The exercise price of the Options was set at CAD$0.48 per Share, which was the closing trading price of the Shares on the TSX Venture Exchange (the "TSXV") on the day immediately preceding their date of grant. The grant of the Options is subject to the approval of the TSXV. About West High Yield West High Yield 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 its world-class Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at Qualified Person Rick Walker, the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release. Contact Information: WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. Frank Marasco Jr., President and Chief Executive OfficerTelephone: (403) 660-3488Email: frank@ Barry Baim, Corporate SecretaryTelephone: (403) 829-2246Email: barry@ Cautionary Note Regarding Forward-Looking Information This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To view the source version of this press release, please visit
Yahoo
02-06-2025
- Business
- Yahoo
West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds from Exercise of Warrants
Calgary, Alberta--(Newsfile Corp. - June 2, 2025) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") announces announces the receipt of proceeds from the exercise of certain warrants (the "Warrants") of the Company. One holder of Warrants (the "Warrantholder") exercised 50,000 Warrants resulting in the issuance of 50,000 common shares of the Company (each, a "Warrant Share"). The specific Warrants held and exercised by the Warrantholder were exercisable at a price of CAD$0.30 per Warrant Share, resulting in gross proceeds to the Company in the amount of CAD$15,000 upon such exercise. The Warrants exercised by the Warrantholder were issued to the Warrantholder, among others, as part of a private placement offering of the Company that closed on November 9, 2024. About West High Yield West High Yield 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 its world-class Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at Qualified Person Rick Walker, the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release. Contact Information: WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. Frank Marasco Jr., President and Chief Executive OfficerTelephone: (403) 660-3488Email: frank@ Barry Baim, Corporate SecretaryTelephone: (403) 829-2246Email: barry@ Cautionary Note Regarding Forward-Looking Information This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To view the source version of this press release, please visit
Yahoo
02-06-2025
- Business
- Yahoo
West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds from Exercise of Warrants
Calgary, Alberta--(Newsfile Corp. - June 2, 2025) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") announces announces the receipt of proceeds from the exercise of certain warrants (the "Warrants") of the Company. One holder of Warrants (the "Warrantholder") exercised 50,000 Warrants resulting in the issuance of 50,000 common shares of the Company (each, a "Warrant Share"). The specific Warrants held and exercised by the Warrantholder were exercisable at a price of CAD$0.30 per Warrant Share, resulting in gross proceeds to the Company in the amount of CAD$15,000 upon such exercise. The Warrants exercised by the Warrantholder were issued to the Warrantholder, among others, as part of a private placement offering of the Company that closed on November 9, 2024. About West High Yield West High Yield 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 its world-class Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Preliminary Economic Assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company's profile at Qualified Person Rick Walker, the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release. Contact Information: WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. Frank Marasco Jr., President and Chief Executive OfficerTelephone: (403) 660-3488Email: frank@ Barry Baim, Corporate SecretaryTelephone: (403) 829-2246Email: barry@ Cautionary Note Regarding Forward-Looking Information This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To view the source version of this press release, please visit
Yahoo
08-05-2025
- Business
- Yahoo
Kansas governor, Merck announce $895 million expansion, adding 200 jobs
Gov. Laura Kelly, seen here at May 2, 2025, even, announced that Merck Animal Health is expanding its De Soto plant with a $365 million capital initiative. (Sherman Smith/Kansas Reflector) TOPEKA — Merck Animal Health will build an $895 million capital expansion project and add 200 jobs at its De Soto manufacturing facility, Gov. Laura Kelly and the company announced Thursday. Merck will invest $860 million in its existing facility and $35 million in its research and development laboratories, a press release said. Kelly billed the announcement as the second-largest private investment in Kansas history. 'This extraordinary investment by Merck Animal Health underscores my administration's commitment to securing a strong economic future for our state and ensuring prosperity for generations to come,' Kelly said. 'Public-private partnerships that lead to major global projects, such as those with Merck, Fiserv and Panasonic — just to name a few recent successes — are occurring because people believe in Kansas.' Merck Animal Health has been in the De Soto community for more than 20 years, said Mayor Rick Walker. 'We've watched them grow. They've grown with us. So we're excited to see them continue to make this level of investment in our city,' he said. 'The Merck property, the way their project lays out, it's pretty much all upside on that. It's very little stress on our transportation infrastructure and our utility infrastructure.' City administrator Mike Brungardt said other economic developments, like the decision by Panasonic to build a 300-acre facility in the city's Astra Enterprise Park, are 'wonderful,' but seeing Merck expand is special in a different way. 'It's a recognition that not only did they come here 20 or 25 years ago, but they made the decision again to redouble their investment in our community,' he said. 'This one when it came across as a possibility, it stood out from the others because this is an existing partner in our community with an existing employment base. They've already invested an enormous amount in the fabric of our community.' Brungardt added that Lt. Gov. David Toland, who also serves as state commerce secretary, said in a speech Thursday that if the company had decided not to do this expansion, its future plans for the campus were uncertain. 'This was a very big win in ways that the others just weren't,' Brungardt said. Brungardt said a tax incentive package for the project has not been finalized. Merck Animal Health has been investing in its existing facility for the past five or 10 years, he said, and has received an incentive package. That package has been an 80% property tax abatement for 10 years, Walker said, adding that there likely will be a construction sales tax exemption. The 200,000-square-foot manufacturing facility project will expand filling and freeze dryer capacity for large molecule vaccines and biologic products for Merck Animal Health, the press release said. Site preparation and facility design will start immediately, creating 2,500 construction jobs. Commercial manufacturing is expected to begin in 2030. 'Our De Soto manufacturing facility is strategically located in the heart of the Animal Health Corridor. This region is renowned for its concentration of animal health companies, fostering an unparalleled ecosystem for innovation, collaboration and industry leadership,' said Richard DeLuca, Merck Animal Health president. The KC Animal Health Corridor is anchored by Manhattan, Kansas, and Columbia, Missouri, and is home to about 300 animal health companies. Those companies represent 56% of total worldwide animal health, diagnostics and pet food sales, the organization's website said. The corridor supports jobs in this field, Brungardt said. Workforce has been an ongoing topic of discussion. 'Within a 30-minute drive of De Soto, we've got 2 million people living here,' he said. 'Mechanisms to deliver the pipeline for workforce for advanced manufacturing and research and development jobs tie in with the Animal Health Corridor. Manhattan will be a pipeline for the research development jobs.' Since the 2017 Tax Cuts and Jobs Act, Merck has allocated more than $12 billion to enhance domestic manufacturing and research capabilities, with additional planned investments of more than $9 billion over the next four years, the press release said. 'Merck's massive expansion in De Soto further elevates Kansas' long-established status as a global leader in animal health,' Toland said. 'The opportunities and ripple effects of having almost $1 billion surge into the local economy will have far-reaching and long-lasting reverberations across the entire state.'
