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NEWS RELEASE
WALKER CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, B.C. September 11, 2020 – Walker River Resources Corp. (“Walker” or the
“Company”) (TSX-V: “WRR”) is pleased to announce the first tranche (the "First Tranche") closing of
the Company’s previously announced (see news releases: 08-20-2020 and 08-21-2020) non-brokered
private placement for gross proceeds of $2,532,00.00.
A total of 25,320,000 units (each a "Unit"), were issued at a price of $0.10 per unit. Each unit consists of
one common share (a “Share”) and one Share purchase warrant (the “Warrant”), whereby each Warrant
shall be exercisable into one Share for a period of three (3) years from closing at a price of $0.13 per
Share.
The Company has paid finders fees in connection with the First Tranche of the Private Placement as
follows: (i) paid an aggregate of $165,600 in cash to eligible finders; and (ii) issued an aggregate of
1,656,000 share purchase warrants (the "Finders' Warrants") The Finders' Warrants will have the same
terms as the Warrants forming part of the Units.
All securities to be issued pursuant to the Private Placement are subject to a four-month-and-a-day hold
period expiring on January 11, 2021 in accordance with applicable securities legislation. Closing of the
remainder of the Private Placement shall be subject to receipt of acceptance by the TSX Venture
Exchange. The Company anticipates that the second and final tranche of the Private Placement will close
next week.
Proceeds of the Private Placement will be used for exploration on the Company's mineral properties and
general working capital.
ON BEHALF OF THE BOARD OF DIRECTORS
“Michel David”
________________________
Michel David
Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Walker River Resources Corp.
Tel: 819 874-0030
Fax: 819 825-1199
Email: info@wrrgold.com
Website: www.wrrgold.com
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