West High Yield Resources Ltd. Signs Definitive Forward Sales Agreement to Sell Magnesium Ore from Its Record Ridge Project

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY; OTC: WHYRF; FSE: W0H) announced it has executed a definitive forward sales agreement with Galaxy Trade and Technology, LLC, a U.S.-based international magnesium supply company, for the purchase and sale of magnesium-rich serpentine ore produced from the Company’s Record Ridge Industrial Minerals Mine (RRIMM) near Rossland, British Columbia, Canada.

The agreement, which follows a letter of intent between the parties announced on December 7, 2022, establishes a long-term commercial partnership, secures a committed market for RRIMM ore, and supports West High Yield’s transition toward mine development and production.

Key terms of the agreement

• Term: Initial two-year term with an option to extend up to nine years in total.
• Deposit: An initial USD $5,000,000 deposit will be placed with the Company, in trust, to fund initial ore deliveries.
• Pricing: USD $500 per metric tonne during the initial two-year period.
• Volumes: Expected deliveries of approximately 6,600 to 7,700 metric tonnes per week during operating months once production begins.
• Revenue potential: Represents potential annual revenue exceeding USD $30,000,000 during the initial two-year production period.

Executive commentary

Frank Marasco Jr., President and CEO of West High Yield, stated: “This agreement with Galaxy represents a significant step forward for our RRIMM Project. With permitting in place and construction preparations underway, securing a committed long-term purchaser provides a strong commercial foundation as we move toward production. Record Ridge hosts one of the largest and highest-grade magnesium deposits of its type globally, and we are pleased to partner with Galaxy to bring this strategic resource to international markets.”

Michael North, Board Chairman and CEO of Galaxy, said: “Galaxy executives have followed West High Yield, and talked to its executives regularly, for more than five years, as West High Yield advanced through challenging permit processes in Canada. We congratulate West High Yield, its management, shareholders and stakeholders, on today’s announcement, and look forward to supporting the continued success of West High Yield in the years to come.”

Project status and deposit overview

The RRIMM Project received its Mines Act permit from the Province of British Columbia in October 2025 and is advancing toward construction, with initial production targeted following completion of site development. The Record Ridge deposit contains magnesium-rich serpentine mineralization located approximately 7.5 kilometers from Rossland in southeastern British Columbia and about 5 kilometers from the United States border. West High Yield holds 100 percent mineral rights to the deposit.

Strategic significance of magnesium

Magnesium is recognized as a critical mineral due to its growing role in aerospace, automotive lightweighting, energy systems, defense applications, and advanced manufacturing. The RRIMM Project positions West High Yield as a potential future supplier of magnesium feedstock to global markets.

Next steps

West High Yield will provide further updates as it advances post-permit compliance activities, completes remaining project permitting and construction preparations, and finalizes additional commercial arrangements related to the project.

About Galaxy Trade and Technology, LLC

Galaxy is a direct source of magnesium, from mine to manufacturer, offering light, strong, versatile, durable, and energy-efficient magnesium products and alloys. Based in the United States with international operations, Galaxy focuses on streamlining global supply chains and providing both standard and custom alloys that support the transition from heavy metals to lighter, lower-carbon alternatives.

About West High Yield (W.H.Y.) Resources Ltd.

West High Yield is a publicly traded junior mining exploration and development company, established in 2003, focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral deposit (magnesium, silica, and nickel) using processing approaches designed to minimize waste and carbon emissions.

The Company’s Record Ridge critical mineral deposit, located 10 kilometers southwest of Rossland, British Columbia, contains approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 Preliminary Economic Assessment technical report titled “Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada,” prepared by SRK Consulting (Canada) Inc. on April 18, 2013, in accordance with NI 43-101.

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 news release.

Cautionary note regarding forward-looking information

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. These statements are based on certain expectations and assumptions of the Company and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those anticipated. Risks include, but are not limited to, general economic conditions; industry conditions and governmental regulation; the availability of capital on acceptable terms; the need to obtain consents and approvals from third parties and regulatory authorities; and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable law.

Regulatory and securities notice

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, 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 transactions exempt from the registration requirements of that Act.

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.