Wealth Minerals Ltd. , reports it has completed a 12,014 line-km, helicopter-borne, VTEM™ and magnetic geophysical survey covering 5,456 hectares within the Kootenay nickel-cobalt-gold property in south-eastern British Columbia , see Figure 1. The Kootenay Project comprises two separate claim blocks: the Lardeau-Goldsmith claim block, covering 6,951 hectares, and the Ledgend claim block covering 1,728 hectares. The [...]
Wealth Minerals Ltd. , reports it has entered into a cooperation and development agreement with thyssenkrupp Mining Technologies GmbH , whereby Wealth Minerals and thyssenkrupp Mining Technologies have formed a strategic partnership for the development of the Company's Ollagüe Salar Lithium exploration project , located in northern Chile. Under the Strategic Partnership, Wealth Minerals and thyssenkrupp Mining [...]
Wealth Minerals Ltd. reports a correction to their news release dated June 29, 2022 specifically related to the description of warrants, the Company issued whole warrants as per their news releases of June 7, 2022 and June 27, 2022. On June 29, 2022, the Company issued 12,150,000 units for gross proceeds of $3,037,500. Each unit consisted of one common share of the Company at $0.25 and one common share purchase warrant [...]
Wealth Minerals Ltd. , reports, pursuant to its news releases dated June 7, 2022 and June 27, 2022 that they have closed the Placement. On June 29, 2022 the Company issued 12,150,000 units for gross proceeds of $3,037,500. Each unit consists of one common share of the Company at $0.25 and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one additional share of the Company [...]
Wealth Minerals Ltd. , reports, pursuant to its news releases dated June 7, 2022 and June 27, 2022 that they have closed the Placement. On June XX, 2022 the Company issued 12,150,000 units for gross proceeds of $3,037,500. Each unit consists of one common share of the Company at $0.25 and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one additional share of the Company [...]
Wealth Minerals Ltd. , reports that they have increased their strategic financing announced June 7, 2022 by an additional 8,000,000 units . The non-brokered private placement now consists of up to 12,150,000 units at a price of $0.25 per Unit for gross proceeds of up to $3,037,500. All terms and conditions remain the same as reported in the June 7, 2022 news release. The financing is fully-subscribed and the increase is [...]
Wealth Minerals Ltd. reports the Company has received TSX Venture Exchange acceptance of the agreement with Lithium Chile Inc. to acquire 1,600 hectares adjacent and near-adjacent to its existing license position in the Ollagüe basin . Pursuant to the terms of the agreement, the Company has issued 2,000,000 shares of Wealth Minerals to Lithium Chile Inc. Any future payments required under the Transaction will be subject [...]
Wealth Minerals Ltd. , reports it has begun drilling on the Ollagüe Salar in northern Chile. Wealth's drill program comprises approximately five holes for a total of 1,500m of diamond drilling. This drill campaign will test brine anomalies as interpreted by prior geophysical studies. The campaign's results will be augmented by exciting earlier third party drill information Wealth identified on the Project via its recent [...]
Wealth Minerals Ltd. , announces a non-brokered private placement of up to 4,450,000 units at a price of $0.25 per Unit for gross proceeds of up to $1,112,500. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire one additional common share of the Company for a period of two years from the date of issuance at a price of $0.40 per share [...]
Wealth Minerals Ltd. reports the Company has signed an agreement with Lithium Chile Inc. to acquire 1,600 hectares adjacent and near-adjacent to its existing license position in the Ollagüe basin . Pursuant to the terms of the agreement, the Company is obligated to Lithium Chile, upon the completion of due diligence, to issue 2,000,000 shares of Wealth Minerals. An additional payment of 1,000,000 shares is payable by the [...]
Wealth Minerals Ltd. , announces that it has entered into an assignment and assumption agreement with Storex Capital Investments Corp., an arm's length private British Columbia corporation , whereby the Assignor assigned to the Company all of its rights under a property option agreement with third party underlying vendors that are at arm's length to the Company. Pursuant to the Option Agreement, Wealth will be assigned [...]
Wealth Minerals Ltd. , announces it has retained Glogauer & Company Communications GmbH to give investor relations advice to the Company in Germany . The partnership extends the global communication of Wealth to Europe's largest economy which is also the center of capital markets and media on the European continent. This new partnership is designed to effect a sustained increase in the awareness and reputation of Wealth's [...]
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