Wealth Closes Non-Brokered Private Placement of $4.8 million
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO
UNITED STATES NEWS WIRE SERVICES**
Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3
Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com
NR17-09 April 7, 2017
Wealth Closes Non-Brokered Private Placement of $4.8 million
FOR IMMEDIATE RELEASE....Vanc ouver, British Columbia: Wealth Minerals Ltd. (the
“Company” or “Wealth”) - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ),
announces that today it has closed the non-br okered private placement of 3.6 million common
shares previously announced on March 30, 2017 (the “Placement”), which Placement was
oversubscribed due to investor demand. In connection with the Placement, the Company issued a
total of 3,625,825 common shares at a price of $1.35 per share for gross proceeds of $4,894,863.74.
All shares issued by the Company will have a four-month hold period in Canada ending on August
8, 2017. In addition, 46,903 common shares and a total of $102,466.45 in cash will be paid in
finder’s fees to Eurojet Capital Corp. and Canaccord Genuity Corp.
The net proceeds from the Placement are intend ed to fund option payments on the Company’s
mineral property options, the costs for the review and assessment of additional potential lithium
mineral property acquisitions in South America, exploration work on the Company’s existing
projects and for general and administrative expenses and working capital purposes.
This news release does not constitute an offer of sale of any of the foregoing securities in the
United States. None of the foregoing securities have been and will not be registered under the
United States 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 news release
does not constitute an offer to sell or the solicita tion of an offer to buy nor will 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 a mineral resource company with inte rests in Canada, Mexico, Peru and Chile. The
Company’s main focus is the acquisition of lith ium projects in South America. To date, the
Company has positioned itself to develop the Aguas Calientes Norte, Pujsa and Quisquiro Salars
in Chile (the Trinity Project), as well as to work alongside existing pr oducers in the prolific
Atacama Salar, in addition to its recently annou nced Laguna Verde lithium project acquisition.
The Company continues to aggressively pursue ne w acquisitions in the re gion. Lithium market
dynamics and a rapidly increasing metal price are the result of profound structural issues with the
industry meeting anticipated future demand. Wealth is positioning itself to be a major beneficiary
Wealth Minerals Ltd. - 2 - April 7, 2017
NR17-09 – Continued
of this future mismatch of supply and demand. The Company also main tains and continues to
evaluate a portfolio of precious and base metal exploration-stage projects.
For further details on the Company reader s are referred to the Company's website
(www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
WEALTH MINERALS LTD.
"Hendrik van Alphen"
Hendrik van Alphen
Chief Executive Officer
For further information, please contact: Marla Ritchie
Phone: 604-331-0096 Ext. 3886 or 604-638-3886
E-mail: [email protected]
The TSX Venture Exchange has in no way passed on the merits of this news release. Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is de fined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statemen ts and forward-looking information (collectively,
“forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation,
including the United States Private Securities Litigation Reform Act of 1995. All statements, other than
statements of historical fact, included herein including, without limitation, anticipated exploration program
results from exploration activities, the Company’s expectation that it will be able to enter into agreements
to acquire interests in additional mineral proper ties, the discovery and delineation of mineral
deposits/resources/reserves, the intended use of th e proceeds received from the Placement, and the
anticipated business plans and timing of future activities 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-looki ng statements are typically identified by words such
as: “believe”, “expect”, “anticipate”, “intend”, “es timate”, “postulate” and similar expressions, or are
those, which, by their nature, ref er to future events. The Company c autions investors that any forward-
looking statements by the Company 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, operating and technical difficulties in c onnection with mineral exploration and development
activities, actual results of exploration activities, the estimation or realization of mineral reserves and
mineral resources, the timing and amount of estimated future production, the costs of production, capital
expenditures, the costs and timing of the development of new deposits, requirements for additional capital,
future prices of lithium, changes in general economic conditions, changes in the financial markets and in
the demand and market price for commodities, lack of investor interest in the Placement, accidents, labour
disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or
financing or in the completion of development or cons truction activities, changes in laws, regulations and
policies affecting mining operations, title disputes, th e inability of the Company to obtain any necessary
permits, consents, approvals or authorizations, includ ing acceptance by the TS X-V, required for future
exploration activities or the acquisition of additional mineral properties, the timing and possible outcome
of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations,
and other risks and uncertainties disclosed in the Co mpany’s latest interim Management Discussion and
Analysis and filed with certain securities commissions in Canada. All of the Company’s Canadian public
Wealth Minerals Ltd. - 3 - April 7, 2017
NR17-09 – Continued
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.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company
undertakes no obligation to update any of the forward- looking statements in this news release or
incorporated by reference herein, except as otherwise required by law.
-30-