Wealth Closes $1.35m Loan
Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3
Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com
NR19-06 March 6, 2019
Wealth Closes $1.35m Loan
FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd. (the “Company” or
“Wealth”) - (TSXV: WML; OTCQX: WMLLF; SSE: WMLCL; Frankfurt: EJZN), reports it has closed its
loan placement, as announced on February 11, 2019, to third-party lenders as well as an insider.
The total loan sum closed is $1,347,200 and the Company issued 3,368,000 non-transferable bonus
common share purchase warrants (each, a “Bonus Warrant”) to the Lenders. Each Bonus Warrant entitles
the holder to purchase one common share in the capital of the C ompany at an exercise price of $0.40 per
share for a period of one year, ending on February 28, 2020. A ll securities issued pursuant to the Loans
will be subject to a hold period of four months and one day in Canada from the date of issuance. Henk Van
Alphen, the Company’s CEO and a director, participated in the Loan for $397,200 and he received 993,000
Bonus Warrants.
The funds available from the Loans will be used for general working capital and to make property payments
on the Company’s Atacama lithium project (“Atacama” or the “Atacama project”).
About Wealth Minerals Ltd.
Wealth is a mineral resource comp any with interests in Canada, Mexico, Peru and Chile. The Company’s
main focus is the acquisition and development of lithium projects in South America. To date, the Company
has positioned itself to develop the Quisquiro Salar in Chile ( the Trinity Project), as well as to work
alongside existing producers in the prolific Atacama Salar, whe re 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 ar e 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 maintains and continues to evaluate a
portfolio of precious and base metal exploration-stage projects.
For further details on the Company 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]
Wealth Minerals Ltd. - 2 - March 6, 2019
NR19-0X – Continued
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 deposits/resources/reserves, the closing and amount of 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-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 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 construction activities, changes in laws, regulations and policies affecting mining
operations, title disputes, the inability of the Company to obtain any necessa ry permits, consen ts, approvals or
authorizations, including acceptance by the TSX-V, required for the Placement, 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.
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.