Walker River Resources Corp. — Capital/Financing Update 2025

Mar 17, 2025

FORM 51-102F3
MATERIAL CHANGE REPORT

Item 1 Name and Address of Company
Walker River Resources Corp. (the “Company”)
Suite 820, 1130 West Pender Street
Vancouver, BC, V6E 4A4

Item 2 Date of Material Change
March 14, 2025

Item 3 News Release
The Company disseminated a news release in respect of the material change described herein through the news dissemination services of Stockwatch on March 14, 2025, and a copy was subsequently filed on SEDAR+.

Item 4 Summary of Material Change
The Company announced that it has closed a non-brokered private placement offering with the issuance of 1,090,000 units (the “Units”) of the Company at a price of $0.16 per Unit for gross proceeds of $174,400.00 (the “Private Placement”).

Item 5 Full Description of Material Change

5.1 Full Description of Material Change
The Company announced that it has closed the Private Placement with the issuance of 1,090,000 Units of the Company at a price of $0.16 per Unit for gross proceeds of $174,400.00.

Each Unit consists of one (1) common share (“Share”) of the Company and one (1) Share purchase warrant (“Warrant”), whereby each Warrant shall be exercisable by the warrant holder to acquire one (1) additional Share at a price of $0.25 for a period of 24 months from the closing of the Private Placement (the “Closing Date”).

All securities issued in connection with the Private Placement are subject to a statutory four-month hold period, expiring July 15, 2025, in accordance with applicable securities legislation. Completion of the Private Placement is subject to receipt of applicable regulatory approvals, including final acceptance by the TSX Venture Exchange.

The proceeds of Private Placement will be used primarily to fund work on the Company’s mineral properties and for general working capital purposes.

5.2 Disclosure for Restructuring Transactions
Not applicable.

Item 6 Reliance on Subsection 7.1(2) of National Instrument 51-102
Not applicable.

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Item 7 Omitted Information

Not applicable.

Item 8 Executive Officer

For further information, please contact Michel David, Chief Executive Officer and Director of the Company, at telephone number 819-874-0030 or via email to info@wrrgold.com.

Item 9 Date of Report

March 17, 2025