FundedIQ
Natural Resources

West High Yield: Funding, Investors & Team (Sep 2026)

West High Yield (W.H.Y.) Resources Ltd. is a junior mining exploration company. The Company is focused on the acquisition, exploration and development of mineral properties in Canada with its primary objective to develop its magnesium deposit. The Company has an intermediate-advanced stage exploration operation. Its mineral exploration property is located on the outskirts of the town of Rossland, British Columbia. The Company controls approximately 7,912 contiguous hectares of mineral and crown granted claims in British Columbia and is exploring for magnesium on the Company's Ivanhoe Ridge, Hidden Valley and Record Ridge properties.

whyresources.com LinkedIn Calgary, Canada 1-10 employees
Mining Mining Technology Precious Metals
Total raised
$3.2M
Rounds
6
Latest
Undisclosed round
May 2026

West High Yield has raised $3.2M across 6 funding rounds on record, the most recent an undisclosed round of $1.3M announced in May 2026.

That round is below the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.

West High Yield Company Profile and Key Stats

Total funding raised
$3.2M
across 6 rounds on record
Funding rounds on record
6
Latest funding round
Undisclosed round
$1.3M in May 2026
Employees
1-10
reported band
Headquarters
Calgary, Canada

Latest funding round on record: May 2026.

West High Yield Funding Rounds

Date
Round
Amount
Undisclosed round
$1.3M
Undisclosed round
$70k
Undisclosed round
$60k
Undisclosed round
$10k
Undisclosed round
$630k
Undisclosed round
$1.1M

West High Yield raised $1.1M in an undisclosed round announced in Jul 2024.

7 months later, an undisclosed round of $630k was announced in Feb 2025.

4 months later, an undisclosed round of $10k was announced in Jun 2025.

6 months later, an undisclosed round of $60k was announced in Dec 2025.

4 months later, an undisclosed round of $70k was announced in Apr 2026.

1 month later, an undisclosed round of $1.3M was announced in May 2026.

West High Yield Founders and Leadership Team

Name
Role
Contact
Barry Baim
Founder
Frank Marasco
Founder
Locked

Contact details for the West High Yield team: 1 of 2 have an email address on file.

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West High Yield Funding Compared to Other Natural Resources Startups

Segment
Companies
Median round
3,081
$2.2M

West High Yield's latest round of $1.3M is below the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.

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West High Yield Funding FAQs

What does West High Yield do?

West High Yield (W.H.Y.) Resources Ltd. is a junior mining exploration company. The Company is focused on the acquisition, exploration and development of mineral properties in Canada with its primary objective to develop its magnesium deposit. The Company has an intermediate-advanced stage exploration operation. Its mineral exploration property is located on the outskirts of the town of Rossland, British Columbia. The Company controls approximately 7,912 contiguous hectares of mineral and crown granted claims in British Columbia and is exploring for magnesium on the Company's Ivanhoe Ridge, Hidden Valley and Record Ridge properties.

How much funding has West High Yield raised?

West High Yield has raised $3.2M across 6 rounds on record. The most recent is an undisclosed round of $1.3M announced in May 2026.

When did West High Yield last raise funding?

West High Yield's most recent funding round on record is an undisclosed round of $1.3M, announced in May 2026.

Who founded West High Yield?

FundedIQ lists Barry Baim (Founder), Frank Marasco (Founder) at West High Yield.

Where is West High Yield headquartered?

West High Yield is based in Calgary, Alberta, Canada.

How many employees does West High Yield have?

West High Yield is in the 1-10 employee band.

How does West High Yield's funding compare to other Natural Resources startups?

West High Yield's latest round of $1.3M is below the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.

About FundedIQ's West High Yield Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for West High Yield is left off this page rather than filled in.

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