Mr. Kevin Brewer reports

WALKER LANE ANNOUNCES SHARES FOR DEBT ISSUANCE

Walker Lane Resources Ltd. has settled and extinguished $77,600 of outstanding debt through the issuance of common shares of the company.

In accordance with the settlement of debt, the company will issue 405,714 common shares to one non-arm's-length creditor of the company and 333,333 common shares to one arm's-length creditor at a deemed price of 10.5 cents per share. The company has entered into administrative and professional services agreements provided between the periods of April to August, 2025, inclusive, with the non-arm's-length creditor for services provided and services agreements for the period April to October, 2025, inclusive with the arm's-length creditor.

The company chose to settle and extinguish the debt through the issuance of shares to preserve cash and improve the company's balance sheet. The debt settlement is subject to approval by the TSX Venture Exchange. No new insiders will be created, nor will any change of control occur as a result of the issuance of the shares.

The shares issued are subject to a four-month hold period, which will expire on a date that is four months and one day from the date of issuance.

As certain insiders are party to the agreement for $35,000 or 333,333 shares, it may be considered a related party transaction under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions and the TSX-V. The company is relying on the exemptions from the formal valuation and the minority shareholder approval requirements of MI 61-101 contained in section 5.5 (a) and Section 5.7 (1)(a) as the fair market value of the common shares being issued to insiders in connection with the Service shares does not exceed 25 per cent of the market capitalization of the company, as determined in accordance with MI 61-101.

Kevin Brewer, president and chief executive officer of Walker Lane Resources, noted: "We have significantly reduced our debt load, and minimized operating costs and expenditures, to deal with the challenges our sector has faced in 2024. The participation of my own company and a primary service company is testimony to the belief of myself and the board that WLR has significant opportunities to enhance shareholder value in the near future."

About Walker Lane Resources Ltd.

Walker Lane Resources is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane gold trend district in Nevada and the Rancheria silver district in Yukon/British Columbia and other property assets in Yukon. The company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nev.) and Amy (Rancheria silver district, B.C.) projects through drilling programs with the aim of achieving resource definition in the near future.

We seek Safe Harbor.