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Walker Lane Resources Ltd. Announces Closing of Private Placement
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- Walker Lane Resources Ltd. (TSX-V: WLR) (Frankfurt:6YL) ('WLR” or the 'Company”) is pleased to announce, further to its news releases of June 10, 2025, that it has received TSX Venture Exchange approval to close the non-brokered private placement (the 'Private Placement”). On July 23, 2025, the Company issued 2,508,335 non-flow through Units (each a 'NFT Unit”) at a price of $0.12 per NFT Unit, for gross proceeds of $301,000, and 607,143 flow-through Units (each a 'FT Unit”) at a price of $0.14 per FT Unit, for gross proceeds of $85,000, for aggregate gross proceeds of $386,000. Each NFT Unit is composed of one common share and one common share purchase warrant (each whole warrant, a 'NFT Warrant”). Each FT Unit is composed of one common share and one common share purchase warrant (each whole warrant, a 'FT Warrant”), each NFT Warrant and each FT Warrant are exercisable for two (2) years at $0.16 per common share.