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West High Yield Refiles 2011 Annual Management Discussion and Analysis

Dec 13 2012 12:00AM

Marketwire

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CALGARY, ALBERTA -- (Marketwire) -- 12/13/12 -- NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE: WHY) The Company has refiled its Management Discussion and Analysis for the year ended December 31, 2011 ("MD&A"), originally dated April 20, 2012 as amended December 11, 2012, to more fully address disclosure of risk factors and the business rationale of certain related party loans described in the MD&A. It is available on SEDAR at www.sedar.com.

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.

Forward-Looking Statements

This press release may contain forward-looking statements, including, but not limited to, the PEA's compliance with NI 43-101, the timing of the Company's receipt of the PEA, the mineralogical test work being conducted, the expected results and recommendations of the PEA and mineral resource estimates relating to the Record Ridge South Property. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the actual results of current exploration activities; delays in the timing of SRK's review and the preparation of a NI 43-101 compliant technical report; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future mineral prices; as well as those factors disclosed in the Company's MD&A. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.

47,397,894 Common Shares Issued

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Contacts:
West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
frank@whyresources.com

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
vinck@shaw.ca





Source: Marketwire


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