Walker Closes First Tranche of 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

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

NEWS RELEASE

WALKER CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Vancouver, B.C. September 11, 2020 - Walker River Resources Corp. (“Walker” or the “Company”)

(TSX-V: “WRR”) is pleased to announce the first tranche (the "First Tranche") closing of the Company’s

previously announced ( see news release s: 08-20-2020 and 08-21-2020) non-brokered private placement

for gross proceeds of $2,532,00.00.

A total of 25,320,000 units (each a " Unit") were issued at a price of $0.10 per unit. Each unit consists 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 three (3) years from closing at a price of $0.13 per Share.

The Company has paid finders fees in connection with the First Tranche of the Private Placement as follows:

(i) paid an aggregate of $165,600 in cash to eligible finders; and (ii) issued an aggregate of 1,656,000 share

purchase warrants (the " Finders' Warrants ") The Finders' Warrants will have the same terms as the

Warrants forming part of the Units.

All securities to be issued pursuant to the Private Placement are subject to a four-month-and-a-day hold

period expiring on January 11, 2021, in accordance with applicable securities legislation . Closing of the

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

The Company anticipates that the second and final tranche of the Private Placement will close next week.

Proceeds of the Private Placement will be used for exploration 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.