Wealth Secures $1.25M in Loans
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO
UNITED STATES NEWS WIRE SERVICES**
LC156638-3
Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3
Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com
NR19-09 March 29, 2019
Wealth Secures $1.25M in Loans
FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd.
(the “Company” or “Wealth”) - (TSXV: WML; OTCQX: WMLLF; SSE: WM LCL; Frankfurt:
EJZN), announces that, subject to TSX Venture Exchange (“TSXV”) acceptance, the Company
has secured loans in the aggregate amount of $1.25 million (the “Loans”) with certain strategic
arm’s length lenders.
Loan Details
The Loans have a term of one yea r and one day and bear interest at a rate of 8% per annum
compounded annually, payable on the maturity date. Pursuant to the Loans, the Company has
agreed to issue an aggregate of 3,125,000 non-transferable bonus common share purchase warrants
(each, a “Bonus Warrant”) to the lenders, KF Business Ventures, LP and 0916445 B.C. Ltd. Each
Bonus Warrant will entitle the holder to purchase one common share in the capital of the Company
at an exercise price of $0.40 per share for a period of two yea rs. All securities issued pursuant to
the Loans will be subject to a hold period of four months and o ne day in Canada from the date of
issuance. The funds available from the Loans will be used to m ake property payments on the
Company’s Atacama lithium project.
None of the foregoing securities have been and will not be regi stered under the United States
Securities Act of 1933 , as amended (the “1933 Act”) or a ny applicable state securitie s 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 t he 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 interests in Canada, Mexico, Peru and Chile. The
Company’s main focus is the acquisition and development of lith ium projects in South America.
To date, the Company has positioned itself to develop the Quisq uiro salar in Chile (the Trinity
project), as well as to work al ongside existing producers in the prolific Atacama salar, where the
Company has a substantial licen ses package. The Company has al so positioned itself to play a
role in asset consolidation in Chile with various lithium properties throughout the country.
Wealth Minerals Ltd. - 2 - March 29, 2019
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Lithium market dynamics and a rapidly increasing metal price are the result of profound structural
issues with the industry meeting anticipated future demand. We alth is positioning itself to be a
major beneficiary of this future mismatch of supply and demand. The Company also maintains
and continues to evaluate a portfolio of precious and base metal exploration-stage projects.
For further details on the Compa ny readers 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 statements 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 Refo rm 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
properties, the discovery and delineation of mineral de posits/resources/reserves, the receipt and amount of the
Loans, 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-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 exploratio n 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 future financings, the fact that the
Company’s interests in its mineral properties are options only and there is no guarantee that the Company’s interests
in same, if earned, will be certain, 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 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 TSXV, required for the Loans,
the issuance of the Bonus Warrants and 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 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.
Wealth Minerals Ltd. - 3 - March 29, 2019
NR19-09 – Continued
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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.