VANCOUVER, June 15, 2015 /CNW/ - Wealth Minerals Ltd.. ("Wealth") ") - (TSXV: WML; Frankfurt: EJZ), announces that it has executed an LOI to secure an exclusive option (the "Option") to acquire up to 100% of the Noyell Property (the "Property" or "Noyell") from Brionor Resources Inc. ("Brionor") through issuance of the Company's common shares valued at $850,000 over four years. The Property is contiguous with the [...]
VANCOUVER, May 25, 2015 /CNW/ - Wealth Minerals Ltd.. ("Wealth" or the "Company") - (TSXV: WML; Frankfurt: EJZ), announces that it has entered into a formal Share Purchase Agreement (the "Agreement") with Coronet Metals Inc. ("Coronet") to purchase Coronet Metals Peru S.A.C. ("Coronet Peru") thereby acquiring Coronet Peru's advanced-stage Yanamina Gold Property ("Yanamina" or the "Property"). Yanamina consists of 5 [...]
Wealth Minerals announces that, pursuant to its 2004 Incentive Stock Option Plan, it has granted incentive stock options to directors, officers, employees and consultants of the Company and its affiliates to purchase up to an aggregate of 2,700,000 common shares in the capital stock of the Company. The options are exercisable on or before April 7, 2016 at a price of $0.30 per share. About Wealth Minerals Ltd. Wealth is [...]
VANCOUVER, April 1, 2015 /CNW/ - Wealth Minerals Ltd.. ("Wealth" or the "Company") - (TSXV: WML; Frankfurt: EJZ), announces that it has entered into a letter of intent ("LOI") with Coronet Metals Inc. ("Coronet") to negotiate, on an exclusive basis, an agreement to acquire Coronet's Peruvian subsidiary, which subsidiary holds a 100% interest in the advanced stage Yanamina Gold Project, Peru ("Yanamina"). Yanamina [...]
VANCOUVER, March 31, 2015 /CNW/ - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; Frankfurt: EJZ), announces the closing of its non-brokered private placement (the "Offering") announced on February 23, 2015. The Company sold 6,000,000 common shares ("Shares") at a price of $0.12 per Share for aggregate gross proceeds of $720,000. The Shares are all subject to a hold period in Canada until July 31, 2015 [...]
VANCOUVER, Feb. 27, 2015 /CNW/ - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; Frankfurt: EJZ), announces the closing of its non-brokered part and parcel private placement (the "Offering") announced on February 2, 2015. The Company sold 7,500,000 common shares ("Shares") at a price of $0.10 per Share for aggregate gross proceeds of $750,000. The Shares are all subject to a hold period in Canada until [...]
VANCOUVER, Feb. 23, 2015 /CNW/ - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; Frankfurt: EJZ), announces that it has arranged a non-brokered private placement of common shares ("Placement") consisting of up to 6,000,000 common shares at a price of $0.12 per share to raise gross proceeds of up to $720,000. All shares issued in the Placement will have a hold period in Canada of four months from the [...]
Plans 2015 Exploration Program VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 2, 2015) - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSX VENTURE:WML)(FRANKFURT:EJZ), announces that it has entered into an option agreement with Balmoral Resources Ltd. (TSX:BAR) ("Balmoral") to acquire up to a 75% interest in the N1/N2 Gold Project, Quebec. The Company plans to complete a 1,500 metre confirmatory drill program on [...]
Balmoral Resources reported today that it has agreed to option it's N1 and N2 Properties, located along the Casa-Berardi Gold Trend in Quebec, to Wealth Minerals. Under the terms of the Option Agreement, Wealth will be granted an option to earn an initial 51% interest in the Project by completing $2.2 million dollars in exploration on the Project over 3 years, including a minimum of $1.2 million in drilling, and [...]
VANCOUVER, Jan. 21, 2015 /CNW/ - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; Frankfurt: EJZ), is pleased to announce that it has completed the previously announced share consolidation and debt settlement. Share Consolidation On October 31, 2014, the Company completed a share consolidation through a reverse stock split on a four old for one new common share basis. No fractional shares were issued and [...]
Wealth Minerals announces that it has arranged to settle up to $1,918,472 of corporate debt through the issuance of common shares at a price of $0.08 per share. Following the completion of the debt settlement, the Company plans to consolidate its common shares on a 4:1 basis following which the issued and outstanding common shares will total approximately 21,433,626.