Walker River Resources Announces Share Consolidation

Vancouver, BC, July 21, 2022 (GLOBE NEWSWIRE) — Walker River Resources Corp. (“Walker“or the”Company“) (TSX-V: “WRR”) announces a consolidation of its common shares on a six (6) for one (1) basis (the “Consolidation of shares”). The Company currently has 205,961,178 common shares issued and outstanding. Following the reverse stock split, the Company expects 34,326,863 common shares to be issued and outstanding.

The TSX Venture Exchange (“TSXV”) has agreed to the reverse stock split and confirmed that the common shares of the Company will commence trading, effective at the market open on July 25, 2022, on the TSX.V on a post-consolidated basis. The Company’s name and ticker symbol remain unchanged.

On the Effective Date, the Company’s new CUSIP number will be 931778203 and the ISIN will be CA9317782030. Letters of Transmittal outlining the process by which shareholders may obtain new share certificates or Direct Registration System (DRS) notices representing their Consolidated Common Shares will be mailed to registered shareholders shortly. Shareholders who hold their Shares through a broker or other intermediary and who do not have Shares registered in their name will not be required to complete a Letter of Transmittal. The Letter of Transmittal will be filed under the Company’s profile on SEDAR at www.sedar.com.

In accordance with the provisions of the Business Corporations Act (British Columbia) and the Articles of the Company, the Share Consolidation has been approved by resolutions passed by the Board of Directors of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

Michel-David
________________________
Michel-David,
Chairman and Chief Executive Officer and Director

FOR MORE INFORMATION, PLEASE CONTACT:

Walker River Resources Corp.
Tel: 819 874-0030
Fax: 819 825-1199
E-mail: This email address is protected from spam. You need JavaScript enabled to view it.
Website: www.wrrgold.com

Neither the TSX Venture Exchange Neither Its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.