West High Yield Resources closes final private placement

Calgary, Alberta--(Newsfile Corp. - July 31, 2026) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the " Company " or " West High Yield ") announces that, further to its news releases dated May 21, 20226, June 11, 2026 and June 24, 2026, it is closing the final tranche (the " Closing ") of its previously announced private placement offering (the " Offering ") of units (the " Units "). The Closing The Closing consisted of the issuance 300,000 Units for gross proceeds of $90,000. The Units were issued at a price of $0.30 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a " Common Share ") and one half (1/2) of one (1) Common Share purchase warrant (each, a " Warrant ").

Each full Warrant, together with CAD$0.45, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12) months from the date of the Closing. The Offering After completion of the Closing, the Company confirms that it issued a total of 4,423,000 Units for total gross proceeds of $1,326,900.00 under the Offering. All securities comprising the Units issued on the Closing are subject to a trading hold period expiring four months plus one day from the date of issuance.

The Company paid a finder's fee in connection with the Offering to one finder, comprised of: (i) a cash commission of $1,800.00 (being 6% of the gross proceeds of the Offering sourced by said finder); and (ii) 6,000 finder's warrants (the " Finder's Warrants "). The Finder's Warrant will have identical terms to the Warrants. The acceptance and final approval of the Offering, remain subject to approval by the TSX Venture Exchange (the " TSXV "), which the Company has submitted for as of the date of this news release.

The proceeds from the Closing have been and will be used by the Company to cover essential operations and general working capital purposes and expenses. About West High Yield West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO 2 emissions.

The Company's Record Ridge critical mineral deposit is located approximately 10 kilometers southwest of Rossland, British Columbia. Based on the independently prepared National Instrument 43-101 Preliminary Economic Assessment titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada" prepared by SRK Consulting (Canada) Inc. and dated April 18, 2013, the deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%. This corresponds to approximately 10.6 million metric tonnes of contained magnesium.

The technical report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under the Company's profile at https://www.sedarplus.ca . Qualified Person Rick Walker, B.Sc., M.Sc., P.Geo., 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 Officer Telephone: (403) 660-3488 Email: frank@whyresources.com Barry Baim, Corporate Secretary Telephone: (403) 829-2246 Email: barry@whyresources.com Cautionary Note Regarding Forward-Looking Information This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation.