Mr. Michel David reports

WALKER RIVER RESOURCES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Walker River Resources Corp. has arranged a non-brokered private placement of up to 3,125,000 units of the company at a price of 16 cents per unit for aggregate proceeds of $500,000. 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 warrantholder to acquire one additional share at a price of 20 cents for a period of 24 months from the closing of the private placement.

The proceeds of the private placement will be used primarily to finance work on the company's mineral properties and for general working capital purposes.

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. Completion of the private placement will be 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. Any such participation will constitute a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company intends to rely on the exemption from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(a) of MI 61-101 and the exemption from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Subsection 5.7(1)(a) of MI 61-101.

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.

We seek Safe Harbor.