VANCOUVER, British Columbia, Dec. 29, 2017 -- Wealth Minerals Ltd. - , announces that today, December 29, 2017, it has closed a first tranche of the non-brokered private placement as announced on December 20, 2017 . The Company issued 4,557,254 common shares at a price of $1.60 for gross proceeds of $7,323,606.40. The Company also issued 171,063 common shares pursuant to finder’s fees to Anders Nerrell at a deemed [...]
VANCOUVER, British Columbia, Dec. 21, 2017 -- Wealth Minerals Ltd. - , provides an end of year shareholder update. “We’re very happy to report a year of positive results and steady progress,” states Wealth’s CEO Henk van Alphen, “with the Company’s focus moving now from acquisitions to development at our extensive lithium brine properties in Chile. The drilling presently underway at our [...]
VANCOUVER, British Columbia, Dec. 20, 2017 -- Vancouver, British Columbia: Wealth Minerals Ltd. - , is pleased to announce that it has arranged a non-brokered private placement of up to 6,250,000 shares of the Company at a price of $1.60 per Share for gross proceeds of up to $10,000,000. All shares issued in the Placement will have a hold period in Canada of four months from the closing of the Placement. Finder’s [...]
VANCOUVER, British Columbia, Dec. 14, 2017 -- Wealth Minerals Ltd. - , reports that it has received positive results from geophysical surveys at the Atacama project . Atacama Project Magneto-Telluric Survey – 1D inversion model elevation slices with 1 m contour for reference. Reds and purples represent high conductivity and potential lithium-bearing brine. Shallow drill targets are located in the southwest while deeper drill targets are located in the southeast. The Atacama property outline is shown in blue. 1D inversion model sections draped on satellite image for 3D view of the Project. Magneto-Telluric and coincident loop Transient Electromagnetic surveys identified very highly conductive zones, which are interpreted to represent porous media with high-salinit... [...]
Commences Drilling at Laguna Verde Drill targets arising from geophysical data collection at Laguna Verde 3D visualization viewed from above toward the northwest with draped inversion model sections of resistivity from the TEM survey beneath the semi-transparent satellite image draped over topography. Areas interpreted to have shallow brine drill targets are outlined in transparent red, while areas with potentially deeper [...]
VANCOUVER, British Columbia, Nov. 16, 2017 -- Wealth Minerals Ltd. - announces that it has received positive results from its previously announced process test work undertaken by Tenova Advanced Technologies on samples from the Laguna Verde project . According to TAT’s results, the laboratory test work demonstrates that the LiP™ and LiSX™ processes for lithium extraction can be applied successfully to [...]
Vancouver, BC, Oct. 16, 2017 (GLOBE NEWSWIRE) -- Timothy McCutcheon, President of Wealth Minerals Ltd. (TSXV: WML, OTCQB: WMLLF) (the “Company”), interviews on the Uptick Network Stock Day Podcast with host Everett Jolly. Mr. McCutcheon discusses the Company’s lithium core assets, the increased land position in Chile & the importance of the licenses throughout this region. Continuing the interview he [...]
VANCOUVER, British Columbia, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSXV:WML) (OTCQB:WMLLF) (SSE:WMLCL) (Frankfurt:EJZN), announces that on September 28, 2017, it has closed the non-brokered private placement as announced on September 25, 2017 (the “Placement”). The Company issued a total of 2,583,700 common shares, including shares issued [...]
Wealth Minerals is pleased to announce that it has arranged a non-brokered private placement of up to 2,492,533 shares of the Company at a price of $1.50 per Share for gross proceeds of up to $3,738,800. 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 Company also announces the issuance of [...]
Wealth Minerals, announces that today it has closed the non-brokered private placement as announced on June 2, and June 29, 2017. The Company issued a total of 3,704,946 common shares, including shares issued pursuant to finder’s fees, at a price of $1.50 per share for gross proceeds of 5,483,459. The final tranche issuance consisted of 1,505,854 common shares at a price of $1.50 per share for proceeds of $2,258,781. All [...]
Wealth Minerals announces that it has executed a binding letter agreement, whereby Wealth or a Chilean subsidiary of Wealth has been granted the option and right to acquire 49% of the issued and outstanding shares of San Antonio Sociedad Contractual Minera and a 24.5% beneficial interest in certain exploration and exploitation mining concessions that comprise the Salares 7 Lithium project (the “Property&rdquo...
Wealth Minerals reports that it has strengthened its board of directors with the appointment of Gordon Neal to serve as a director. "Gord’s experience within the institutional investment community will be of paramount importance to Wealth as we move our lithium brine assets forward,” stated Henk van Alphen, Wealth’s CEO. "I have worked...