Wealth Closes Final Tranche of Oversubscribed Non-Brokered Private Placement
Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3
Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com
NR18-12 June 14, 2018
Wealth Closes Final Tranche of Oversubscribed
Non-Brokered Private Placement
FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd.
(the “Company” or “Wealth”) - (TSXV: WML; OTCQX: WMLLF; SSE: WM LCL; Frankfurt:
EJZ), announces it has closed the final tranche of an oversubsc ribed non-brokered private
placement previously announced on May 7, 2018 and May 23, 2018 (the “Placement”). An
additional 108,000 units (each, a “Unit”) and 500,000 common sh ares were issued at a price of
$1.10 per equity security for gross proceeds of $668,800 under the final tranche and aggregate
gross proceeds of $6,914,859.60 under the Placement. Each Unit consists of one common share
in the capital of the Company (each, a “Share”) and one-half of one common share purchase
warrant, with each whole warrant (each, a “Warrant”) entitling the holder to acquire one additional
Share at a price of $1.50 per Share for a period of up to two y ears, expiring on June 14, 2020. In
the event that the closing price of the Shares on the TSX Ventu re Exchange (the “TSXV”) is at
least $2.50 per Share for a period of 10 consecutive trading da ys commencing four months and
one day after the closing of the Placement, the Company may acc elerate the expiry date of the
Warrants by providing notice to the shareholders thereof and, in such case, the Warrants will expire
on the 30th day after the date on which such notice is given by the Company.
All securities issued by the Company pursuant to the Placement will have a four month and one
day hold period in Canada. In connection with the final tranch e of the Placement, the Company
paid finder’s fees to Edelmetall Finance Inc. in the aggregate amount of 49,955 Units. All Units
issued as finder’s fees have the same terms and conditions as t he Units issued under the final
tranche of the Placement, with the exception that the Warrants forming part of the Units issued as
finder’s fees are non-transferable.
The net proceeds from the Placement are intended to fund option payments on the Company’s
mineral property options, costs for the review and assessment of potential lithium mineral property
acquisitions in South America, exploration work on the Company’s existing mineral projects and
for general and administrative expenses and working capital purposes.
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 any 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.
Wealth Minerals Ltd. - 2 - June 14, 2018
NR18-12 – Continued
The Company also announces that it has entered into a consultin g agreement (the “Consulting
Agreement”) with Liviakis Financial Communications, Inc. (the “ Consultant”), whereby it has
engaged the Consultant for a period of 24 months at the aggrega te cost of $550,000 to provide
investor relations services to the Company. Pursuant to the Consulting Agreement, the Consultant
will communicate with investment dealers, advisers and shareholders to increase the awareness of,
and interest in, the Company.
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 of lithium projects in South America. To date, the
Company has positioned itself to develop the Aguas Calientes Norte and Quisquiro Salars in Chile
(the Trinity Project), as well as to work alongside existing producers in the prolific Atacama Salar.
In addition to the Laguna Verde lithium project acquisition, the Company has also positioned itself
to play a role in asset consolidation in Chile with the Five Salars Project.
The Company is transitioning from an asset acquisition phase to developing its current high
potential portfolio. Lithium market dynamics and rapidly increasing metal prices are the result of
profound structural issues with t he industry meeting anticipate d f u t u r e d e m a n d . W e a l t h i s
positioning itself to be a major beneficiary of this future mis match of supply and demand. The
Company also maintains and conti nues to evaluate a portfolio of p r e c i o u s a n d b a s e m e t a l
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]
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 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,
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 intended use of the proceeds
received from the Placement, anticipated benefits to the Co mpany of any communications by the Consultant with
Wealth Minerals Ltd. - 3 - June 14, 2018
NR18-12 – Continued
investment dealers, advisers and shareholders, and the an ticipated 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”, “antici pate”, “intend”, “estimate” , “postulate” and similar
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 app lied several material assumptions, including without limitation, that market
fundamentals will result in sustained lithium demand and prices, the receipt of any necessary permits, licenses 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, construction 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, 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 necessary permits, consents, approvals or authorizations, including acceptance
by the TSXV of the Consulting Agreement and the Placement, 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
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.
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