Wealth Arranges Debt Settlement and 4:1 Share Consolidation

VANCOUVER, BRITISH COLUMBIA -- (Marketwired - Aug. 8, 2014) - Wealth Minerals Ltd. (the "Company" or "Wealth") (TSX VENTURE:WML)(FRANKFURT:EJZ) 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.


Debt Settlement

The Company has arranged to settle an aggregate sum of approximately $1,918,472 owing to insiders and trade creditors, by the issuance of approximately 23,980,894 common shares at a deemed price of CAD 0.08 per share. These securities will be subject to a hold period of four months from the date of issuance. Completion of the debt settlement will not create any new control persons.


Share Consolidation

The Company plans a share consolidation through a reverse stock split on a four old for one new common share basis. Following the debt settlement, the Company will have approximately 85,700,606 shares issued and outstanding and following the completion of the reverse split on a 4:1 basis there will be approximately 21,425,152 shares issued & outstanding.

Completion of the debt settlement and 4:1 share consolidation are subject to the acceptance for filing thereof by the TSX Venture Exchange.

The foregoing securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.


About Wealth Minerals Ltd.

Wealth is an early stage mineral exploration company with listings on the TSX Venture and Frankfurt Stock Exchanges.


On Behalf of the Board of Directors of WEALTH MINERALS LTD.

Hendrik van Alphen
President & CEO



For further details on the Company readers are referred to the Company's web site (www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.


Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated completion of and timing for the debt settlement and share consolidation (reverse split) and the anticipated business plans of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company or any of its joint venture partners are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required for its or their activities, the inability of the Company to produce minerals from their properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA U.S. NEWSWIRE SERVICES.



Contact

Wealth Minerals Ltd.
Henk Van Alphen
604-331-0096 Ext. 3886 or 604-638-3886

Wealth Minerals Ltd.
Marla Ritchie
604-331-0096 Ext. 3886 or 604-638-3886
info@wealthminerals.com
www.wealthminerals.com