Wealth Minerals, announces a private placement of common shares of the Company for gross proceeds of up to USD 15 million at the price of CAD 1.50 per Share. The Placement will consist of a brokered portion in the amount of up to USD 10 million and a non-brokered portion in the amount of up to USD 5 million. Advisory fees and/or finder's fees will be payable on the Placement. Wealth has formed a consortium of Norwegian [...]
Wealth Minerals, announces that it has executed a non-binding Letter of Intent to enter into an option agreement giving it the right to acquire a 100% royalty-free interest in a portfolio of exploration concessions, comprising approximately 10,500 hectares located in Regions I, II and II in northern Chile (the "Concessions"). The Concessions are divided into five projects, namely: Ascotan, Piedra Parada, Huasco, Lejia [...]
Wealth Minerals reports that it has received preliminary data from the bathymetric survey being conducted at the Laguna Verde Lithium Project in Chile in connection with its previously announced lake-brine sampling and project evaluation program (the "Work Program"), see news release dated March 31, 2017. New Bathymetric Data The Company has received preliminary results from the contractor it has engaged to conduct the [...]
Wealth Minerals announces that today it has closed the non-brokered private placement of 3.6 million common shares previously announced on March 30, 2017, which Placement was oversubscribed due to investor demand. In connection with the Placement, the Company issued a total of 3,625,825 common shares at a price of $1.35 per share for gross proceeds of $4,894,863.74. All shares issued by the Company will have a four-month [...]
Wealth Minerals, reports that it has initiated an extensive lake-brine sampling and project evaluation program at the Laguna Verde Lithium Project in Chile. The Project comprises 23 exploration mining concessions for a total of 2,438 hectares and is located in Region III, northern Chile, 193 km east of the regional capital city of Copiapo, adjacent to Highway 60 and 15 km west of the border with Argentin...
Wealth Minerals is pleased to announce that it has arranged a non-brokered private placement of up to 3,600,000 shares of the Company at a price of $1.35 per Share for gross proceeds of up to $4,860,000. All shares issued in the Placement will have a hold period in Canada of four months from the closing of the Placement. Finder's fees are payable on a portion of the Placement. The net proceeds from the Placement are [...]
Wealth Minerals reports that, in connection with the previously announced grant to Wealth of an option to acquire a 100% royalty-free interest in and to the Proyecto Atacama Lithium, it has filed on SEDAR a National Instrument 43-101 technical report titled "NI 43-101 Technical Report on the Atacama Lithium Project El Loa Province Region II Republic of Chile" dated March 10, 2017 (the "Report"). "The Report filed today [...]
Wealth Minerals, is pleased to announce it has been named to the 2017 TSX Venture 50(R), a ranking of the top performing companies traded on the TSX Venture. Wealth was ranked in the third slot. More on this prestigious award can be found at the TSX Venture Exchange website. Hendrik Van Alphen, CEO of Wealth Minerals,
(TheNewswire) Vancouver, British Columbia / TheNewswire / February 23, 2017 - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZN), is pleased to announce that, on February 14, 2017, it closed the settlement of $1,041,965.40 in debt owing to certain creditors of the Company through the issuance of common shares at a price of $1.00 per share, issuing a total of [...]
Wealth Minerals announces that it has closed the non-brokered private placement as announced on January 5, 2017 issuing a total of 1,838,800 common shares at a price of $1.00 per share for gross proceeds of $1,838,800. In connection with the Placement, the Company has also issued 70,000 common shares pursuant to the payment of finder's fees. The net proceeds from the Placement are intended to be used to fund the Laguna [...]
Wealth Minerals announces that it has amended the terms of the non-brokered private placement announced on December 19, 2016 to increase the number of securities being offered thereunder from up to 909,090 common shares of the Company at a price of $1.10 per share for gross proceeds of up to $1 million to up to 2 million common shares of the Company at a price of $1.00 per share for gross proceeds of up to $2 million. In [...]
Wealth Minerals provides an end of year shareholder update. "2016 has been a transformative year for Wealth; a year during which the Company has emerged as a significant player in the lithium space in Chile. Wealth has acquired multiple high-quality lithium brine projects in Chile including its flagship Atacama Project, and now controls more than 55,000 hectares in total. These acquisitions have been supported by $11.6 [...]
