Walker Announces Closing of Second Tranche Private Placement
Suite 820-1130 West Pender St
Vancouver, B.C.
V6E 4A4
Tel : 819 874-0030
Fax : 819 825-1199
_________________________________________________________________________________________
Trading Symbol: WRR
NEWS RELEASE
WALKER ANNOUNCES CLOSING OF SECOND TRANCHE PRIVATE PLACEMENT
Vancouver, B.C. April 11, 2017 - Walker River Resources Corp. (“Walker” or the “Company”) (TSX-
V: “WRR”) announces it has closed a second-tranche of $72,000.00 in a non-brokered private placement,
bringing the total gross proceeds raised to $380,200.00.
The Company has issued 1,200,000 units at a price of $0.06 per unit for gross proceeds of $72,0 00.00 in
the second tranche. Each unit consists of one common share (a “Share”) and one share purchase warrant
(the “Warrant”). Each Warrant will entitle the holder to purchase one additional Common Share in the
capital of the Company at a price of $0.10, for a period of 24 months following the closing of the Offering
(the “Closing”).
The Company completed the first tranche of the Private Placement (see news release 03 -13-18) raising
gross proceeds of $308,200.00 from the issuance of an aggregate 5,136,667 Units. Each Unit containing
the same terms as the second-tranche above.
The Warrants shall contain an acceleration provision that, in the event the closing sale price of Walker’s
Shares on the TSX Venture Exchange is $0.25 or greater for a period of ten (10) consecutive trading days,
then the warrant holders will have thirty (30) days to exercise their warrants; otherwise the warrants will
expire on the 31st day.
All securities issued above are subject to a hold period expiring on August 11, 2018, being four months
and one day after closing of the private placement.
Proceeds of the private placement will be used for work 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: [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.