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WML.V ·

Wealth Closes Tranche of Non-Brokered Private Placement

Financings

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO

UNITED STATES NEWS WIRE SERVICES**

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

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

NR17-14 June 29, 2017

Wealth Closes Tranche of 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 today it has closed a portion of the non-brokere d private placement previously

announced on June 2, 2017 (the “Placement”). The closing consisted of the issuance of a total of

2,150,092 shares at a price of $1.50 per share for gross proceeds of $3,224,688. All shares issued

by the Company will have a four-month hold period in Canada end ing on October 30, 2017. In

addition, finder’s fees will be pa id in cash and/or shares. The Company has received a 30-day

extension from the TSX Venture Ex change to close a final tranch e, which is anticipated to close

before July 12, 2017.

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.

This news release does not const itute an offer of sale of any o f the foregoing securities in the

United States. None of the foregoing securities have been and will not be registered under the

United States Securities Act of 1933, as amended (the “1933 Act”) or any applicable state securities

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 pers ons in the United States absent

registration or an applicable e xemption from such registration requirements. This news release

does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale

of the foregoing securities in any jurisdiction in which such o ffer, solicitation or sale would be

unlawful.

About Wealth Minerals Ltd.

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

continues to aggressively pursue new acquisitions in the region , the latest of which is the Five

Salars Project. Lithium market dynamics and a rapidly increasin g metal price are the result of

profound structural issues with t he industry meeting anticipate d future demand. Wealth is

Wealth Minerals Ltd. - 2 - June 29, 2017

NR17-14 – Continued

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 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]

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, 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 dis putes, the inability of the Company to ob tain 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.

Wealth Minerals Ltd. - 3 - June 29, 2017

NR17-14 – Continued

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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