Calgary, Alberta--(Newsfile Corp. - November 27, 2023) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that its board of directors approved and authorized the grant of 375,000 stock options (the "Options") to two consultants of the Company effective November 27, 2023.
The Options were granted in accordance with the terms of the stock option plan 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") at a price of CAD$0.23 per Share for a period of five (5) years from the Option grant date. One-third (1/3) of the Options vested on their date of grant, one-third (1/3) of the Options will vest on the date that is one (1) year from their date of grant and one-third (1/3) of the Options will vest on the date that is two (2) years from their date of grant. The exercise price of the Options was set at CAD$0.23 per Share, being the closing trading price of the Shares on November 27, 2023. see & read more on
https://www.newsfilecorp.com/release/188843/West-High-Yield-W.H.Y.-Resources-Ltd.-Announces-Grant-of-Stock-Options |