Wealth Minerals Ltd. makes the following announcement in accordance with National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and National Instrument 62-104 Take-Over Bids and Issuer Bids. The Company is pleased to announce that on October 22, 2021, the Company acquired 13,225,197 common shares [...]
Wealth Minerals Ltd. announces a non-brokered private placement of up to 12,234,044 common shares in the capital of the Company at a price of $0.47 per Offered Share for aggregate gross proceeds of up to $5,750,000. The net proceeds are expected to be used to purchase 13,225,198 common shares in the capital of World Copper Ltd. from a wholly-owned [...]
Wealth Minerals Ltd. announces it has agreed with Gold Springs Resource Corp. to purchase 13,225,198 common shares of World Copper Ltd. held by a subsidiary of GRC, for an aggregate purchase price of $4,364,315. This transaction, at a price of $0.33 per WCU Share, is priced at an approximate 15.4% discount to the August 9, 2021 closing price of WCU [...]
Wealth Minerals Ltd. , reports, pursuant to its news releases dated June 21, 2021, May 25, 2021, June 11, 2021 and July 15, 2021 , that it has closed a fourth and final tranche of the Placement. On July 30, 2021 the Company issued an additional 3,100,000 units for gross proceeds of $930,000. Each unit consists of one common share of the Company at [...]
Wealth Minerals Ltd. announces the appointment of Jürgen M. Geissinger to the Advisory Board. Mr. Geissinger is a renowned German automobile sector manager with a keen interest in current technological changes changing the face of the auto industry. Mr. Geissinger was Chief Executive Officer of Senvion S.A., a Hamburg based wind turbine [...]
Wealth Minerals Ltd. announces it has shifted its license portfolio in both the Atacama and Ollague Projects. This shift was conducted to best reflect management's conversations with local stakeholders, geological prospectivity and to position the Company for easier future permitting efforts. Wealth Minerals has tailored its license footprint in [...]
Wealth Minerals Ltd. reports, pursuant to its news releases dated June 21, 2021, May 25, 2021 and June 11, 2021, that they have closed a third tranche of the Placement. On July 14, 2021, the Company issued an additional 2,250,000 units for gross proceeds of $675,000.00. Each unit consists of one common share of the Company at $0.30 and one-half of [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]