Walker River Closes First-Tranche of Non-Brokered Private Placement
Suite 200-551 Howe St Vancouver, B.C. V6C 2C2 Tel : 819 874-0030 Fax : 819 825-1199
Trading Symbol: WRR
NEWS RELEASE
WALKER RIVER CLOSES FIRST-TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C. January 3, 2014- Walker River Resources Corp. (“Walker” or the “Company”) (TSX-V: “WRR”) has closed the first tranche of its non-brokered private placement, previously announced on December 20, 2013, for gross proceeds of $55,000.
The first tranche consisted of the issuance of 550,000 flow-through shares at a price of 10 cents per flow-through share.
In connection with closing the first tranche, the company paid a finder's fee to Mackie Research Capital Corp. in the amount of $5000 cash and 50,000 non-transferable finder’s warrants. Each finder warrant entitles the holder to acquire one common share at $0.10 for a 24-month period after closing of the private placement.
All securities issued above are subject to a hold period expiring on May 1, 2014, being four months and one day after closing of the first tranche. Proceeds of the private placement will be used for work on the Company's mineral properties.
The private placement is subject to TSX Venture Exchange final acceptance.
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: [email protected] Website: www.wrrgold.com
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