Walker River Directors’ Participate in Gypsy Swap
WALKER RIVER RESOURCES CORP.
SUITE 200 – 551 HOWE STREET VANCOUVER, BRITISH COLUMBIA, V6C 2C2 Telephone: (819) 874-0030 Facsimile: (604) 683-8605
Trading Symbol: WRR
NEWS RELEASE
Walker River Directors’ Participate in Gypsy Swap
Vancouver, B.C. July 12, 2013- Walker River Resources Corp. (“Walker” or the “Company”) (TSX- V: “WRR”) announces that certain directors and insiders have sold an aggregate of 1,313,500 common shares of Walker River on July 12, 2013 from their holdings through the facilities of the TSX Venture Exchange.
The net proceeds from the sale of these shares will be used to purchase units in a non-brokered private placement consisting of 10 million non-flow-through units (the "NFT Units") at a price of $0.05 per NFT Unit and 5 million flow-through units (the "FT Units") at a price of $0.06 per FT Unit. Each NFT Unit consists of one non flow-through common share and one Warrant. Each Warrant entitles the holder to acquire one common share of the Company at a price of $0.075 for a period of 60 months following the date of issuance. Each FT Unit consists of one flow-through common share and one non flow-through share purchase warrant. Each Warrant entitles the holder to acquire one common share of the Company at a price of $0.10 for a period of 60 months following the date of issuance.
The Company will also pay a finder's fee in accordance with the policies of the TSX Venture Exchange.
Proceeds of the Private Placement will be used for work on the Company's mineral properties and for general working capital.
The private placement is subject to regulatory approval.
ON BEHALF OF THE BOARD OF DIRECTORS
s/“Michel David”
____________________________________ Michel David, Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT: Walker River Resources Corp.
(TEL)- (819) 874-0030, (FAX)-(604) 683-8605 Email: [email protected] Website: www.wrrgold.com
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.