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WML.V ·

Unaware of Any Material Change

Listings & Exchange Regulatory & Compliance

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

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

NR19-15 July 3, 2019

UNAWARE OF ANY MATERIAL CHANGE

FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd.

(the “Company” or “Wealth”) - (TSXV: WML; OTCQX: WMLLF; SSE: WM LCL; Frankfurt:

EJZN), reports, at the request of IIROC, that the Company’s man agement is unaware of any

material change in the Company’s operations that would account for the recent increase in market

activity.

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 Ataca ma Project alongside existing

producers in the prolific Atacama region, where the Company has a substantial licenses package.

The Company has also positioned itself to play a role in asset consolidation in Chile with various

lithium properties throughout the country.

Lithium market dynamics and a rapidly increasing metal price are the result of profound structural

issues with the industry meeting anticipated future demand. Wea lth 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/Henk van Alphen or Tim McCutcheon

Phone: 604-331-0096

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 Reform Act of 1995. All statements, other than statements of historical fact,

Wealth Minerals Ltd. - 2 - July 3, 2019

NR19-15 – Continued

included herein including, w ithout limitation, the receipt by the Company and the amount of the proceeds from the

Loans, 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 deposits/resources/reserves, future cash and share payments pursuant to the Atacama Option to Purchase

Agreement, 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”, “inten d”, “estimate”, “postulate” and simila r expressions, or are those, which,

by their nature, refer to future events. In making the forward-looking statements in this news release, the Company

has applied several material assumptions, including without limitation, that market fundamentals will result in

sustained lithium demand and prices, th e receipt of any necessary permits, li censes and regulatory approvals in

connection with the future development of the Company’s Chilean lithium projects in a timely manner, the availability

of financing on suitable terms for the development, constr uction and continued operation of the Company projects,

and the Company’s ability to comply with environmental, health and safety laws.

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 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, the fact that the Company’s interests in its mineral properties

(including the Atacama Project and Trinity project) are options only and there is no guarantee that the Company’s

interests in same, if earned, will be certain, requirements fo r 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, accidents, labour disputes and other risks of the mining industry, delays

in obtaining governmental approvals, permits or financing or in the comple tion 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

for the Loans, the Bonus Warrants and the Acquisitions), 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 Cana dian 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.