TSX-V
WHY
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TSX-V
WHY
Mr. Marasco is the founder of West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco is also President and Director of Big Mountain Development Corp. Ltd. Over the course of 45 years, Frank has built and sold 47 successful businesses, including hotels, motels, rental units, RV and mobile home parks, apartments, retail liquor stores, pubs, nightclubs, and a retail mall. At the age of 47, Frank retired, later going into business in the oil and mining sectors. He had purchased 81 oil and gas development sections in S.E. Saskatchewan in the Bakken, as well as gold mines in Rossland, B.C. After briefly exploring for and finding gold on the project, Mr. Marasco and his team then discovered what is now a world-class, 2,000 acre, high grade, low cost, critical mineral magnesium deposit known as Record Ridge.
Mr. Baim brings over 35 years activating and inspiring teams to achieve profitable revenue growth. His senior leadership experience is diverse having held executive positions with both private and public companies including Tier one CPG and in the natural resource sector mining site development projects in oil sands, 3d seismic, logistics, remote lodging and other service-related entities in energy, oil, and gas. Mr. Baim is currently a director for SGV Canada and a past board member with Millennium Seismic, Paradigm Chemical Technologies and Siksika Resource Developments Ltd.
Mr. Baim is currently a director for SGV Canada and a past board member with Millennium Seismic, Paradigm Chemical Technologies and Siksika Resource Developments Ltd.
Ms Nelson was Controller for Sabre Petroleum’s, Petroterra Natural Resources and Manager of Financial Control for Suncor. She is the Vice Chair and Director of the In Situ Oil Sands Alliance, Director of Altalink, and Director of Optiom Inc.. Ms Nelson served 15 years as an elected Member of the Legislature of Alberta. She was appointed and served as Minister of Energy, Minister of Economic Development and Tourism, Minister of Government Services and finally was appointed Minister of Finance. She served 12 years as a member of the Treasury Board and the Agenda and Priorities Committee of the Government. An active member in the community, she supports charitable organizations such as the Kidney Foundation, the Cancer Foundation, Heart and Stroke and Juvenile Diabetes.
Mrs. Marasco is an independent business woman who has provided services in corporate restructuring finance, acquisitions, and strategic planning. She is also responsible for overseeing management information systems, human resource strategies, and property management systems.
Dr. Kamaleddine is the founder/principal of AIS Inc., an integrated mining consulting partnership that provides technical services to mining companies including processing and metallurgy, project development, and engineering studies. He has been an officer and director of many public and private mining companies. Dr. Kamaleddine has over 20 years of academic and industry experience with demonstrated success in conducting challenging industrial research leading to several inventions and multiple achievement awards.
Mr. Marasco is the founder of West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco is also President and Director of Big Mountain Development Corp. Ltd. Over the course of 45 years, Frank has built and sold 47 successful businesses, including hotels, motels, rental units, RV and mobile home parks, apartments, retail liquor stores, pubs, nightclubs, and a retail mall. At the age of 47, Frank retired, later going into business in the oil and mining sectors. He had purchased 81 oil and gas development sections in S.E. Saskatchewan in the Bakken, as well as gold mines in Rossland, B.C. After briefly exploring for and finding gold on the project, Mr. Marasco and his team then discovered what is now a world-class, 2,000 acre, high grade, low cost, critical mineral magnesium deposit known as Record Ridge.
Shelina Hirji is a designated accountant with over 38 years of experience in infrastructure construction, oil and gas exploration, and mining. Ms.Hirji has been engaged in the oil and gas industry since early 1990, starting with various senior accounting and management roles in both public and private companies with extensive participation in growth opportunities. She has been a key member of the Executive Management team, assuming a strategic role in the overall management of the Company. Ms. Hirji’s experience in financial management including financial reporting, corporate accounting, budgeting, and forecasting as well as stewardship of internal controls. Ms. Hirji is a member of the Chartered Professional Accountants of Alberta and the Advisory Committee for TSX Venture Exchange.
Greg Davison is a professional consulting exploration geologist, technical advisor, Qualified Person, project generator and manager, and ore mineralogist (exploration and metallurgy). Mr. Davison is currently licensed in British Columbia (EGBC) and has over forty-four years of practical field, laboratory, and management experience in diverse geological settings. He completed his B.Sc. (Honours Geology) at Dalhousie University, Nova Scotia (1974-1979) and his M.Sc. (Geology) at Brock University, Ontario (1981-1984) and is on the Board of Directors of TSX-V listed Silver Spruce Resources and Playfair Mining. Mr. Davison provides extensive management, operational, and applied skills for mineral exploration, including technical analysis of process mineralogy, petrography, and ore geology, at all project levels from grassroots through advanced development and mining.
Rick Walker, B.Sc., M.Sc., P.Geo., Rick has over 25 years of geological and structural mapping experience in the mineral exploration industry. Rick has a strong background, ranging from structurally complex areas to advanced exploration property definition. In addition, he has worked on a wide variety of deposit types, including porphyries, sedimentary exhalative (SEDEX), volcanogenic massive sulphides (VMS), low tonnage vein-type, industrial minerals; gold, silver, base metals, rare to strategic metals and diamonds. Rick has delivered significant geological value throughout his career for companies, ranging from junior to major resource companies, both nationally and internationally. He has also served as a volunteer for industry related organizations, serving for 12 years as President of the East Kootenay Chamber of Mines, 5 years as a Director of the BC and Yukon Chamber of Mines (now the Association of Mineral Exploration for BC), on the committee that developed the initial Mineral Exploration Code for BC and as an Industry representative in the Commission on Resources and Environment (CORE) process resulting in the East Kootenay Land Use Plan.
Cory is a junior geologist who came to West High Yield Resources in the spring of 2007. He studied at the University of Calgary, where he received a B.Sc. in Geology, with a minor in earth science. He has extensive training in both the field and lab settings. His skill set encompasses all aspects of geology, geophysics and geography, with particular emphasis on geotechnical logging, mineralogy and mapping. He currently resides full time in Rossland, BC
Mr. Jones brings a wealth of diverse experiences across various fields. Raised in the Rossland area, his family was involved in a range of enterprises, from retail furniture stores to sawmills. After graduating from business school, Tom embarked on a versatile career in the business world. His expertise spans varied operational roles in mines, the sawmill industry, and two decades of overseeing and managing numerous projects for West High Yield Resources Ltd. As an integral Why Resources team member, Mr. Jones is actively engaged in all field operations related to the company properties and claims, possesses his up-to-date First Aid certificate, and is the designated Mine Supervisor as certified by the BC Ministry of Energy, Mines, and Low Carbon Innovation. As a long-time area resident, Mr. Jones continues to be an active and contributing member of the community.
We believe history is calling for a change in North America. We have to protect ourselves from climate change. We are working to be at the forefront of that necessary change by helping to reduce CO2 emissions in all industries through the use of ‘Magnesium Oxide’, Mother Nature’s Friendliest Resource. We are actively pursuing a new corporate standard, creating a Greener Environment and Shareholder Wealth through Eco-Friendly Stewardship, Scientific Reason and Business Acumen.
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Big Blue Technologies (BBT) is a Colorado-based company focused on developing high-temperature chemical processing solutions to aid in the production of magnesium ingots from magnesia feeds and other magnesium-bearing ores using aluminothermic reduction. BBT developed a green process to produce magnesium (Mg) ingots from magnesium oxide (MgO) and Mg ores. WHY and BBT signed MOU on October 5th, 2022, which contemplates that both companies will be working together towards entering into a definitive exclusive license agreement that grants WHY exclusive rights to BBT’s intellectual property in North America, Central America, and South America.
Galaxy is a direct source of magnesium, from mine to manufacturer, evolutionizing entire industries with light, strong, versatile, durable and energy-efficient magnesium. An international company based in the United States, Galaxy is streamlining global supply chains, offering both standard and custom alloys for unparalleled performance. Galaxy is helping to move the global economy from heavy metals to light metals of the future: clean, green, less carbon-intensive, bending the curve on climate change.
WHY and Galaxy signed Forward Contract LOI on December 7, 2021, and contemplates Galaxy purchasing a minimum of 200,000 metric tonnes per annum produced by the company from its Record Ridge deposit for a purchase price of USD$500 per Mt.
KPM is one of the leading R&D centres and mineral processing facilities in Canada that was established in 2002 and provide process development and optimization to chemical, mining, and metallurgical industries. Their services include experimental research for process development at lab/pilot scales, in addition to conducting techno-economic studies and modeling to support all aspects of new process design, development, and optimization. KPM helped WHY in the successful development and optimization of its proprietary HCl-based hydrometallurgical process.
Tenova was established in 1950 and is world-wide supplier of advanced technologies, products and services for the metal and mining industries. Tenova’s headquarters are located in Castellanza, Italy, and their offices and facilities spread out across six continents in 19 countries. Tenova provide innovative, sustainable, and integrated solutions for metals and mining for the objectives of cutting costs, saving energy, and reducing environmental impact.
Tenova supported KPM at the process development stage and completed detailed demo plant design with equipment list and project costs, which are included in the PFS report.
KON Chemicals Solutions is a private consulting company based in Austria and provides advisory for the development of innovative and sustainable solutions for new chemical and metal/mineral production plants. Their services include procurement, feasibility studies, and process design and development to commercialization. It will be represented in the Consortium by Dr. David Knolechner, owner.
KON CHEMICALS already supported KPM at the process development stage and will provide technical support and modelling/simulations during demo project development.
Seneca is a leading private consulting engineering company who offers complete professional services aimed at setting up industrial investment projects. With more than 100 experts, the company had successfully completed thousands of industrial projects in fifteen countries, ranging from existing plant modification to construction of complete commercial plants in EPCM management mode.
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