Walker River Resources Corp. announced a non-brokered private placement of up to 3,333,333 units of the company at a price of CAD 0.15 per unit for the gross proceeds of up to CAD 500,000 on November 28, 2023. Each unit shall consist of one common share in the capital of the company and one share purchase warrant, whereby each warrant shall be exercisable by the warrant holder to acquire one additional share at a price of CAD 0.20 for a period of 24 months from the closing of the transaction.

In consideration of the introduction to the company of investors in the Private Placement, finder's fee may be paid in cash or in securities of the company in accordance with applicable securities laws and TSX Venture Exchange policies. The transaction is subject to receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange. It is anticipated that insiders of the company may participate in the Private Placement.

The securities issued in connection with the Private Placement will be subject to a statutory four-month hold period under applicable Canadian securities laws commencing on the closing date.