Wealth Closes 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
NR17-19 October 2, 2017
Wealth Closes Non-Brokered Private Placement
FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd. (the
“Company” or “Wealth”) - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ),
announces that on September 28, 2017, it has closed the non-bro kered private placement as
announced on September 25, 2017 (the “Placement”). The Company issued a total of 2,583,700
common shares, including shares issued pursuant to finder’s fees, at a price of $1.50 per share for
gross proceeds of $3,875,550. All shares issued by the Company have a four month hold period
in Canada ending on January 29, 2018. Finder’s fees were paid in cash to Haywood Securities
Inc. ($113,841.00) and Canaccord Genuity Corp. ($31,447.50).
The net proceeds from the Placement are intended to fund option payments on the Company’s
mineral property options, the costs for the review and assessme nt of additional potential lithium
mineral property acquisitions in South America, exploration wor k on the Company’s existing
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.
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 No rte, Pujsa and Quisquiro Salars
in Chile (the Trinity Project), as well as to work alongside ex isting 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 continues to pursue new acquisitions in the region, the latest of which is the Seven
Salars Project and is eager to move the projects forward into production. Lithium market dynamics
and a rapidly increasing metal price are the result of profound structural issues with the industry
meeting anticipated future demand. Wealth is positioning itsel f 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.
Wealth Minerals Ltd. - 2 - October 2, 2017
NR17-19 – Continued
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, and the anticipated business plans and timing of future ac tivities of the Company, are
forward-looking statements. Although the Company believes that such statem ents 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”, “estimat e”, “postulate” and similar expressions, or are
those, which, by their nature, refer to future events. The Company cautions investor s that any forward-looking
statements by the Company are not guarantees of future re sults 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 mi neral resources, the timing and amount of estimated future
production, the costs of production, ca pital 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, 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 polic ies 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 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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