Wealth Minerals Ltd. announces it has retained Leofortis AG to advise Wealth Minerals on discussions with German car industry companies. Leofortis AG is led by Mr. Jürgen Geissinger, an accomplished German auto industry executive who was CEO of Schaeffler AG. At the end of his tenure there in 2013, Schaeffler AG was the third-largest automotive supplier in the world. Hendrik van Alphen, CEO of Wealth, commented:
Wealth Minerals Ltd. announces that it has engaged a team of international senior executives providing strategic advisory services in order to further develop and market its unique lithium resources in Chile. The advisory services include the evaluation and introduction of potential long term strategic partners with a focus on the European market in particular the German automotive industry. Hendrik van Alphen, CEO of [...]
Wealth Minerals Ltd. announces a strategic investment in the form of a private placement of up to 13,000,000 units at a price of $0.30 per Unit for gross proceeds of up to $3,900,000. 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 [...]
Wealth Minerals Ltd. , announces they have closed the non-brokered private placement previously announced on April 1, 2021 . On April 30, 2021, a total of 30,297,698 units were issued under the Placement at a price of $0.165 per Unit for gross proceeds of $4,999,120.35. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each whole Warrant entitles the [...]
Wealth Minerals Ltd. reports that, subject to TSX Venture Exchange acceptance, and pursuant to news releases dated February 11, 2019, March 6, 2019, March 29, 2019 and July 15, 2019, the Company has agreed to amend the terms of certain loan agreements entered into with one of its lenders, KF Business Ventures LP , in February and March 2019 in the aggregate principal amount of $1,300,000 . Pursuant to the Loan Amendments [...]
Wealth Minerals Ltd. , announces a non-brokered private placement of up to 30,303,030 units at a price of $0.165 per Unit for gross proceeds of up to $5,000,000. 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 [...]
Wealth Minerals Ltd. announces they have closed the non-brokered private placement previously announced on December 14, 2020 . On February 1, 2021, a total of 15,668,614 units were issued under the Placement at a price of $0.10 per Unit for gross proceeds of $1,566,861. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each whole Warrant entitles the [...]
Wealth Minerals Ltd. , announces a non-brokered private placement of up to 15,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $1,500,000. 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 [...]
Wealth Minerals Ltd. - , announces it has signed a one-year extension of its strategic memorandum of understanding with Uranium One Group . All other terms of the MOU remain unchanged . Tim McCutcheon, President of Wealth, commented, “We are glad to have more time to work with U1G under the previously signed MOU, and the one-year extension demonstrates that all parties remain interested in developing Wealth’s core Atacama [...]
Wealth Minerals Ltd. - , announces they have closed an initial tranche of the non-brokered private placement previously announced on May 1, 2020 . On May 26, 2020, a total of 1,870,000 units were issued under the Placement at a price of $0.12 per Unit for gross proceeds of $224,400. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder [...]
Wealth Minerals Ltd. - , reports that it has negotiated an option agreement for the Goldsmith gold property in south eastern British Columbia. This property adjoins Wealth’s existing Kootenay base metal project , where the primary target is nickel-rich volcanogenic massive sulphide mineralization. Goldsmith comprises 11 claims totaling 782 hectares. Wealth’s Kootenay Project is within the prospective Lardeau [...]
Wealth Minerals Ltd. - arranged a non-brokered private placement of up to 5,000,000 units at a price of $0.12 per Unit for gross proceeds of up to $600,000. Each Unit will consist of one common share of the Company and 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 $0.20 per share [...]