Walker River arranges $250,000 private placement
Mr. Michel David reports
WALKER ARRANGES FINANCING
Subject to regulatory approval, Walker River Resources Corp. is arranging a non-brokered private placement for total gross proceeds of up to $250,000 through the issuance of 2.5 million units at a price of 10 cents per unit.
Each unit will consist of one common share and one warrant. Each warrant entitles the holder to acquire one common share of the company at a price of 15 cents per common share for a period of 24 months following the date of issuance. The company will also pay a finder’s fee in accordance with the policies of the TSX Venture Exchange.
Proceeds of the private placement will be used for work on the company’s mineral properties and for general working capital.
The private placement is subject to TSX-V acceptance.
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