CALGARY, Alberta, April 01, 2019 (GLOBE NEWSWIRE) -- West High Yield (W.H.Y.) Resources Ltd. ("West High Yield" or the "Company") (TSXV: WHY) is pleased to announce the appointment of Barry Baim as Vice President, Corporate Development. Mr. Baim will be responsible for the development of the Company’s strategic business plan.
Mr. Baim is currently a director for SGV Canada and a past board member with Millennium Seismic and Siksika Resource Developments Ltd. Mr. Baim has held senior executive management positions with both public and private companies, including leadership positions in mining site development projects in oil sands in the oil and gas sector.
Mr. Frank Marasco, President & CEO welcomes Mr. Baim to the Company’s management team. The Company's board of directors has granted Mr. Baim 500,000 options with an exercise price of $0.35 per Common Share, exercisable for a period of five years. The options were granted pursuant to the Company’s stock option plan with 250,000 options vesting immediately and 250,000 options vesting in one year from date of grant. The options are subject to all applicable regulatory and exchange approvals.
About West High Yield
West High Yield is a publicly traded junior mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold, nickel and magnesium properties.
| For further information please contact: | |
| Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: frank@whyresources.com | Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: vinck@shaw.ca |
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Not for distribution in the United States. This news 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.
