Walker Announces Private Placement
Suite 830-1130 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. April 19, 2017 - Walker River Resources Corp. (“Walker” or the “Company”) (TSX-
V: “WRR”) is pleased to announce that it intends to complete a non -brokered private placement of up to
10,000,000 units (the “Units”, and each a “Unit”) at a price of $0.07 per Unit to raise aggregate proceeds
of up to $700,000 (the “Private Placement”). Each Unit shall consist of one common share (the “Share”)
and one Share purchase war rant (the “ Warrant”), whereby each Warrant shall be exercisable into one
Share for a period of two (2) years from closing at a price of $0.12 per Share.
The Warrants shall contain an acceleration provision that, in the e vent 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 shall pay finder's fees in respect of subscriptions from investors introduced by finders. The
finder's fee shall be payable in cash and Warrants equal to 8% of the Units sold to investors introduced by
finders. All securities to be issued in connection with Private Placement shall be subject to a four -month
hold period in accordance with applicable securities legislation. Closing 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.