West High Yield Resources

09/22/2026

Another mention for Record Ridge.

Fundamental Research Corp.'s latest Market Intel Weekly names West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY | FSE: W0H) among the Canadian resource developers advancing this week, citing another important permitting milestone at the Record Ridge magnesium project near Rossland, B.C.

That milestone was the Occupant Licence to Cut and Remove from the B.C. Ministry of Forests, which leaves the Environmental Management Act authorization, covering air and water, as the last remaining provincial authorization for the project.

FRC's coverage page carries the full analyst commentary, including why continued permitting progress "further de-risks the project," bringing Record Ridge closer to construction and strengthening its appeal to potential financing sources and strategic partners.

Full FRC coverage of WHY: https://www.researchfrc.com/stocks/WHY.V/west-high-yield-w-h-y-resources-ltd

Read the weekly: https://www.researchfrc.com/content/analyst-ideas/post/6ab213e37835ddafd0ad868d/capital-is-moving-projects-are-advancing-what-to-watch

This post contains forward-looking information; see the Company's news releases for cautionary statements.

Last week, our portfolio returned -0.3%, in line with the benchmark (TSXV). Thirteen of 22 holdings outperformed the benchmark last week, while 15 remained in p

09/21/2026

Record Ridge: Advancing Toward Construction

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY | FSE: W0H) has received its Occupant Licence to Cut and Remove from the British Columbia Ministry of Forests, authorizing timber removal and site preparation at the Record Ridge magnesium project near Rossland, B.C.

Where the permitting stands:

✔ B.C. Mines Act permit — October 2025
✔ Highway access permit — June 2026
✔ Occupant Licence to Cut and Remove — September 2026

With the OLTC in hand, the Environmental Management Act authorization is the last remaining provincial authorization. Pre-disturbance requirements under the Mines Act permit and project financing continue in parallel.

In a new InvestorNews interview, Director and Corporate Secretary Barry Baim discusses the milestone, what's left to complete, and the opportunity to build a North American magnesium supply chain - a critical mineral where secure domestic supply remains the gap.

"The story is no longer about whether Record Ridge can be developed. It's about executing the remaining requirements and the financing." — Barry Baim

Watch the full interview: http://youtube.com/post/Ugkxgiz7XBApwqigQkYvO0OWpkLecaoSqEAQ?si=Qmb1tc3rTvCW5pMx

09/16/2026

Another major permitting milestone at Record Ridge.

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY | FSE: W0H) has
received an Occupant Licence to Cut and Remove (OLTC) from the British Columbia Ministry of Forests for the Record Ridge Industrial Mineral Mine Project near Rossland, B.C.

The OLTC authorizes the Company to cut, deck and remove Crown timber within an approximately 50.062-hectare licence area — an important component of the Project's construction readiness.

It follows the Company's B.C. Mines Act permit (October 2025) and the
Ministry of Transportation and Transit access permit (June 2026).

"The receipt of the OLTC is a major milestone for Record Ridge and
another important step toward construction," said Frank Marasco,
President and CEO of West High Yield.

The Company acknowledges the continued support of the Osoyoos Indian Band and remains committed to advancing the Project in partnership with OIB and Skemxist Solutions.

Read the full news release:
https://money.tmx.com/quote/WHY/news/7750800642037608/West_High_Yield_Resources_Receive West High Yield Resourcess_Occupant_Licence_to_Cut_and_Remove_Marking_Another_Major_Regulatory_Milestone_at_Record_Ridge_Magnesium_Project

09/16/2026

Another major permitting milestone at Record Ridge.

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY | FSE: W0H) has received an Occupant Licence to Cut and Remove (OLTC) from the British Columbia Ministry of Forests for the Record Ridge Industrial Mineral Mine Project near Rossland, B.C.

The OLTC authorizes the Company to cut, deck and remove Crown timber within an approximately 50.062-hectare licence area — an important component of the Project's construction readiness.

It follows the Company's B.C. Mines Act permit (October 2025) and the Ministry of Transportation and Transit access permit (June 2026).

"The receipt of the OLTC is a major milestone for Record Ridge and another important step toward construction," said Frank Marasco, President and CEO of West High Yield.

The Company acknowledges the continued support of the Osoyoos Indian Band and remains committed to advancing the Project in partnership with OIB and Skemxist Solutions.

Read the full news release: https://money.tmx.com/quote/WHY/news/7750800642037608/West_High_Yield_Resources_Receives_Occupant_Licence_to_Cut_and_Remove_Marking_Another_Major_Regulatory_Milestone_at_Record_Ridge_Magnesium_Project

08/26/2026

Magnesium doesn't get much attention. This week it got a deadline.

A US defence procurement body has opened a call for projects to close production gaps in four metals, and magnesium is one of them. Canada lists it as critical too, one of 34 minerals on the federal list. The criteria are specific: the supply chain must be threatened, and there must be a reasonable chance Canada can produce it.

Record Ridge is a magnesium deposit near Rossland. The B.C. Ministry of Mines and Critical Minerals has issued the Mines Act Permit. Three approvals are still in progress: an Environmental Management Act permit (draft received), a water licence, and a licence to cut.

Full article in the comments.

08/21/2026

Director & Corporate Secretary Barry Baim discussing what's to come with WHY Resources

West High Yield (TSXV: WHY | FSE: W0H) Moves Record Ridge Closer to North American Magnesium Supply https://youtu.be/_aYTHe9jICI


West High Yield Resources

08/05/2026

Magnesium plays a critical role in North America’s industrial future. This InvestorNews article looks at whether we can rebuild the capability to make magnesium again. Not just mine it, but process and produce it here at home.

What strikes me about today’s magnesium sector is that each company is trying to solve a different problem. Magrathea is developing a better way to make magnesium. Magpro is preserving the practical knowledge required to operate a magnesium business. West High Yield Resources is working to secure ...

07/07/2026

West High Yield Resources (TSXV: WHY | FSE: W0H) Announces Extension of Current Private Placement Offering https://bit.ly/4gqXZL9


West High Yield Resources InvestorNews Inc.

06/25/2026

West High Yield Resources (TSXV: WHY | FSE: W0H) Receives BC Ministry of Transportation and Transit Access Permit for Record Ridge Magnesium Project and Announces Second Tranche Closing of Private Placement https://bit.ly/3T0SetL


West High Yield Resources InvestorNews Inc.