Gryphon Enterprises’ US $750M acquisition of West High Yield – update

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By Ted Liu

West High Yield (W.H.Y.) Resources Ltd. (TSX-V: WHY) announced today the sale of 100% of its right, title and interest in its Record Ridge South, Midnight, and O.K. mineral properties to Gryphon Enterprises, LLC for US $750 million.

No information was provided by West High Yield on Gryphon Enterprises in the release.

According to our research, Gryphon Enterprises, LLC, headed by Chairman & CEO Stephen Cummins, has interests and holdings in mining, oil &gas real estate, hospitality, financial, biotech, telecom, cleantech, legal and accounting.

source: LinkedIn

Baker & McKenzie LLP acts as legal counsel to Gryphon in connection with West High Yield acquisition. Tingle Merrett LLP acts on behalf of West High Yield (W.H.Y.) Resources Ltd.

photo credit: West High Yield (W.H.Y.) Resources Ltd.