Walker Closes 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 CLOSES PRIVATE PLACEMENT

Vancouver, B.C. May 1, 2017 - Walker River Resources Corp. (“ Walker ” or the “ Company ”) (TSX-

V: “ WRR ”) is pleased to report it has closed its non-brokered private placement previously announced on

April 19, 2017, raising gross proceeds of $700,000.00.

The non-brokered private placement consisted of 10, 000,000 units (the “ Units ”, and each a “ Unit ”) at a

price of $0.07 per Unit (the “ Private Placement ”). Each Unit consisted of one common share (the

“ Share ”) and one Share purchase warrant (the “ Warrant ”), whereby each Warrant is exercisable into one

Share for a period of two (2) years from closing at a price of $0.12 per Share.

The Warrants 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, the n

the warrant holders will have thirty (30) days to exercise their warrants; otherwise the warrants will expire

on the 31 st day.

The Company has paid $47,835.20 cash in commissions on the Private Placement, along with 683,364

non-transferable finder’s warrants, each entitling its holder to acquire one common share at $0.12 for a two

(2) period after closing of the private placement. All securities issued above are subject to a hold p eriod

expiring on September 2, 2017, 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 Ser vice Provider (As That Term Is Defined In The

Policies Of The TSX Venture Exchange) Accepts Respo nsibility For The Adequacy Or Accuracy Of This

News Release.