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To: Goose94 who wrote (83556)4/1/2021 6:01:16 PM
From: Goose94Respond to of 202374
 
Wealth Minerals (WML-V) new 52 week high, 30 cents



To: Goose94 who wrote (83556)4/1/2021 7:47:03 PM
From: Goose94Read Replies (2) | Respond to of 202374
 
Wealth Minerals (WML-V) Arranges $5 Million Non-brokered PP

April Fool's Day 1st 2021 - NR

Wealth Minerals Ltd. has arranged a non-brokered private placement of up to 30,303,030 units at a price of 16.5 cents per unit for gross proceeds of up to $5-million. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional share of the company for a period of two years from the date of issuance at a price of 30 cents per share.

Finders' fees may be payable to arm's-length parties that have introduced the company to certain subscribers participating in the offering. All securities issued in the offering are subject to a four-month hold period, during which time the securities may not be traded. Closing of the offering is subject to the approval of the TSX Venture Exchange.

The net proceeds from the offering are intended for general corporate purposes.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Canada, Mexico, Peru and Chile. The company's main focus is the acquisition and development of lithium projects in South America.

The company opportunistically advances battery metal projects, namely copper and nickel, where it has a peer advantage in project selection and initial evaluation.

Lithium market dynamics and a rapidly increasing metal price are the result of profound structural issues with the industry meeting anticipated future demand. Wealth is positioning itself to be a major beneficiary of this future mismatch of supply and demand. In parallel with lithium market dynamics, Wealth believes other battery metals will benefit from similar industry trends.

For further details on the Company readers are referred to the Company's website ( www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.

On Behalf of the Board of Directors of
WEALTH MINERALS LTD.

"Hendrik van Alphen"
Hendrik van Alphen
Chief Executive Officer

For further information, please contact:
Marla Ritchie or Henk van Alphen

Phone: 604-331-0096 Ext. 3886 or 604-638-3886
E-mail: info@wealthminerals.com