Walker Raises $898,578.48 from Warrant Exercises and Appoints New Director
Walker Raises $898,578.48 from Warrant Exercises and
Appoints New Director
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) -
Walker River Resources Corp.
(TSXV:
WRR
) ("
Walker
"
or the "
Company
") is pleased to announce since February 15, 2019 it has received proceeds of $878,578.48 from the exercise
of 7,513,154 previously issued common share purchase warrants. As of the date of this news release, the Company now has
128,927,269 common shares issued and outstanding.
The warrants were issued in connection with the Company's private placements and had exercise prices of $0.10, $0.12 and
$0.15 per common share.
The Company intends to use the proceeds of the warrant exercises for work on the Company's Lapon Canyon Gold Project and
general working capital.
Finally, the Company is pleased to announce the appointment of Mr. Renè Lessard to its board of directors. Renè is an
independent sales consultant. He was the Sales Manager of Campagna Motors Inc. and T-Rex Vehicles Inc. Renè is a former
director of Nemaska Lithium Inc. and Monarques Resources Inc.
The Company also announces the resignation of Thomas
Schuster as a director of the Company. The Company would like to thank Mr. Schuster for his contributions to the Company
during his appointment to the Board of Directors and wishes him well in his future endeavors.
Mr. Schuster will remain a
consultant to the Company.
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:
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.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
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https://www.newsfilecorp.com/release/43098