West High Yield Announces CA$1.3 Million Private Placement

03:38 PM EDT, 10/30/2026 (MT Newswires) -- West High Yield (WHY.V) on Friday announced a non-brokered private placement to raise up to CA$1.3 million through the sale of about 4.8 million-units at CA$0.27 each. Each unit will include one common share and half a warrant. Each full warrant can be exercised for an additional share at CA$0.37 for 12 months from issuance, the company said, adding that the warrants will not be listed on the TSX Venture Exchange. The company said it plans to use the proceeds to fund essential operations, general working capital, and related expenses. The offering is subject to required approvals, including acceptance by the TSX Venture Exchange. Shares of West High Yield were down 1.9% at CA$0.2650 on the TSX Venture Exchange. Price: 0.27, Change: -0.01, Percent Change: -1.85