Wealth Amends Non-Brokered Private Placement

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO

UNITED STATES NEWS WIRE SERVICES**

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Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

NR17-01 January 5, 2017

Wealth Amends Non-Brokered Private Placement

FOR IMMEDIATE RELEASE....Vanc ouver, British Columbia: Wealth Minerals Ltd. (the

“Company” or “Wealth”) - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ),

announces that it has amended the terms of the non-brokered private placement announced on

December 19, 2016 (the “Placement”) to increase the number of securities being offered

thereunder from up to 909,090 common shares of the Company at a price of $1.10 per share for

gross proceeds of up to $1 million to up to 2 million common shares of the Company at a price of

$1.00 per share for gross proceeds of up to $2 m illion. In connection with the Placement, the

Company has also proposed to settle $1 million in outstanding debt (the “Debt Settlement”). The

Debt Settlement is proposed to be effected by the issuance of up to 1 million common shares of

the Company at a price of $1.00 per share. All sh ares issued in the Placement and the Debt

Settlement will have a hold period in Canada of four months and one day from the date of issuance

thereof. Finder’s fees are payable on a portion of the Placement.

The net proceeds from the Placement are intended to be used to fund the Laguna Verde payments

and for general and administrative expenses and working capital.

Completion of the Placement and the Debt Settl ement and the payment of finder's fees in

connection with the Placement are subject to the acceptance for filing thereof by the TSX Venture

Exchange (the “TSX-V”).

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 U.S.

Securities Act of 1933 , as amended (the “1933 Ac t”) or any applicable st ate 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 registra tion requirements. This news release does not

constitute an offer to sell or the solicitation 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

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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

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]

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 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 closing and amount of the Placement, and the anticipated business plans

and timing of future activities of the Company, are fo rward-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 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 connection with mineral exploration and development activities, actual results of exploration

activities, the estimation or realization of minera l reserves and mineral resources, the timing and amount

of estimated future production, the costs of production, capital expend itures, 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, l abour disputes and other risks of the

mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of

development or construction activities, changes in laws, regulations and policies affecting mining

operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals

or authorizations, including acceptance by the TSX-V, required for the Placement and the Debt Settlement,

the timing and possible outcome of any pending litiga tion, environmental issues and liabilities, and risks

related to joint venture operations, and other risks and uncertainties di sclosed in the Company’s latest

interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All

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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.

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.

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