Nov 9 (Reuters) - West High Yield WHY Resources Ltd WHY.V :
* WEST HIGH YIELD ANNOUNCES PRIVATE PLACEMENT
* WEST HIGH YIELD WHY RESOURCES LTD - NO MINIMUM SUBSCRIPTION FOR OFFERING AND MAXIMUM OF 5 MILLION UNITS WILL BE ISSUED AT PRICE OF $0.30 PER UNIT
* WEST HIGH YIELD WHY RESOURCES LTD - OFFERING FOR GROSS PROCEEDS OF UP TO $1.5 MILLION