Walker Announces Private Placement

Suite 820-1130 West Pender St

Vancouver, B.C.

V6E 4A4

Tel : 819 874-0030

Fax : 819 825-1199

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Trading Symbol: WRR

NEWS RELEASE

WALKER ANNOUNCES PRIVATE PLACEMENT

Vancouver, B.C. March 13, 2017 - Walker River Resources Corp. (“Walker” or the “ Company”)

(TSX-V: “WRR”) announces it has arranged a non-brokered private placement of up to 10,000,000 units

(the “Units”, and each a “Unit”) at a price of $0.06 per Unit to raise aggregate proceeds of up to $600,000

(the “Private Placement”). The Company has closed the first tranche of the Private Placement raising

gross proceeds of $308,200 from the issuance of an aggregate 5,136,667 Units.

Each Unit shall consist 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 two (2) years from

closing at a price of $0.10 per Share.

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.

Proceeds of the private placement will be used for work on the Company's mineral properties and general

working capital.

The Company may pay finders’ fees in respect of subscriptions from investors introduced by finders.

Finders’ fees shall be payable in cash and Warrants equal to 8% of the Units sold to investors introduced

by finders. The Company has paid $9,936.00 cash in commissions on the first tranche of the private

placement, and issued 165,600 non-transferable finders’ warrants, each entitling its holder to acquire one

common share at $0.10 for a two (2) period after closing of the private placement.

All securities to be issued in connection with the Private Placement shall be subject to a four-month hold

period in accordance with applicable securities legislation. Closing of the first tranche and the remainder

of the Private Placement shall be subject to receipt of acceptance by the TSX Venture Exchange.

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.