WALKER ANNOUNCES SHARE CONSOLIDATION

Vancouver, B.C., 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 “Share Consolidation”). The Company currently has 205,961,178 common shares issued and outstanding. Following the Share Consolidation, the Company expects to have 34,326,863 common shares issued and outstanding.

The TSX Venture Exchange (“TSXV”) has accepted the Share Consolidation and confirmed that the Company's common shares will commence trading, effective market open on July 25, 2022, on the TSX.V on a post-consolidated basis. The Company’s name and trading symbol remain unchanged.

On the effective date, the Company’s new CUSIP number will be 931778203 and ISIN will be CA9317782030. Letters of transmittal describing the process by which shareholders may obtain new share certificates or Direct Registration System (DRS) advices representing their consolidated common shares will be mailed shortly to registered shareholders. Shareholders who hold their shares through a broker or other intermediary and 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.

Pursuant to the provisions of the Business Corporations Act (British Columbia) and the Articles of the Company, the Share Consolidation was approved by way of resolutions passed by the board of directors of 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: info@wrrgold.com
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.