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WML.V ·

Wealth Minerals Provides Corporate Update

Corporate Updates

#1570 - 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

NR 26-06 April 10, 2026

Wealth Minerals Provides Corporate Update

FOR IMMEDIATE RELEASE… Vancouver, British Columbia: Wealth Minerals Ltd. (the “Company” or

“Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; FSE: EJZN) provides a corporate update.

CEO Statement

Henk van Alphen, CEO of Wealth Minerals, said: “The lithium landscape globally and in Chile is rapidly

advancing due to higher lithium prices and a positive regulatory stance within Chile. The Wealth team has

been busy as new interest from potential strategic partners in our assets is picking up. The ap pointment of

a new director and a new legal team is directly tied to the corporate development plans of the Company.

All t ogether, these milestones reinforce our long -term commitment to Chile and to the responsible

development of strategic lithium resources.”

General Corporate Update

Wealth maintains ongoing engagement with local indigenous communities in several project areas, with a

focus on transparency and long-term collaboration. The Company’s Kuska Project development subsidiary

Kuska Minerals SpA (see press release of July 14, 2025) is operating smoothly with regular Board of

Director meetings with representatives from Wealth and the Quechua Indigenous Community of Ollagüe

attending to manage the affairs of the Kuska Project. Regarding the Kuska Project, the Company is also

expecting to engage in a Special Lithium Operation Contract (CEOL) with the State of Chile, which would

grant Kuska Minerals SpA full rights to further developing such project into an operation.

Wealth is actively evaluating potential strategic partnerships for its projects, including discussions with

international counterparties regarding capital investment, technical collaboration, and long- term off-take

agreements.

The Company continues to prioritize the use of Direct Lithium Extraction (“DLE”) technologies combined

with brine reinjection, aiming to minimize environmental impact and water consumption. Management has

maintained key relationships with technology providers who were instrumental in the development of the

Kuska Project PEA (see press release of January 4, 2024).

Appointment of New Director, Kevin Nishi

The Company has appointed Mr. Kevin Nishi, former audit partner at Smythe LLP for 28 years, as a n

independent director. During his tenure at Smythe LLP, his main focus was the audit of public companies

listed on the TSX, TSX Venture Exchange and in the U .S. During that time, he was also the engagement

partner for several private companies and in his early career, conducted several business valuations and

completed litigation support engagements. Mr. Nishi currently sits on two public company boards, Alaska

Silver Corp. and Outcrop Silver & Gold Inc., and has held independent board positions with several other

Canadian issuers over the years. Mr. Nishi is a Chartered Professional Accountant and has a BBA from

Simon Fraser University.

Wealth Minerals Ltd. - 2 - April 10, 2026

NR26-06 – Continued

#1570 - 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

Engagement of New Corporate Counsel

The Company has engaged DLA Piper as its new corporate counsel. DLA Piper is one of the world’s largest

and most prominent global law firms with more than 90 offices in over 40 countries spanning the Americas,

Europe, Asia Pacific, the Middle East, and Afric a. The firm employs approximately 4,800 lawyers and

generates multi -billion-dollar annual revenue (ranking among the top three highest -grossing law firms

globally in 2024). David Reid of DLA Piper will represent the Company. Mr. Reid is a senior partner at

DLA Piper (Canada) LLP, based in the Vancouver office, where he serves as Global Co -Chair of the

firm’s Mining Sector, providing strategic advice on large -scale national and international transactions in

the mining and natural resources industries.

Stock Option Grant

Pursuant to the Company’s Amended 2004 Incentive Stock Option Plan, the Company has granted incentive

stock options to directors, officers, employees and consultants of the Company to purchase up to 11,700,000

common shares in the capital stock of the Company. The options are exercisable on or before April 10 ,

2028 at a price of $0.10 per share.

Private Placement Clarification

Pursuant to the Company’s news releases dated January 12, January 26, February 3 and February 25, the

Company wishes to clarify the terms of the finder’s warrants, whereby all finder’s warrants issued pursuant

to the financing are non-transferable at an exercise price of $0.12 and expire two years from closing.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Canada and Chile. The Company’s focus is the

acquisition and development of lithium projects in South America.

The Company opportunistically advances battery metal projects where it has a peer advantage in project

selection and initial evaluation. 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

itself to be a major beneficiary of this future mismatch of supply and demand. In parallel with lithium

market dynamics, Wealth believes other battery metals will benefit from similar industry trends.

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.sedarplus.ca.

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, Michael Pound or Henk van Alphen

Phone: 604-331-0096 or 604-638-3886

Wealth Minerals Ltd. - 3 - April 10, 2026

NR26-06 – Continued

#1570 - 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

For all Investor Relations inquiries, please contact:

John Liviakis

Liviakis Financial Communications Inc.

Phone: 415-389-4670

For all Public Relations inquiries, please contact:

Nancy Thompson

Vorticom, Inc.

Office: 212-532-2208 | Mobile: 917-371-4053

Follow Us:

Facebook – https://www.facebook.com/WealthMineralsLtd

Linkedin – https://www.linkedin.com/company/wealth-minerals

Twitter – https://www.twitter.com/WealthMinerals

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 press release, which has been prepared

by management.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward -looking statements and forward- looking information (collectively, “forward -

looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other

than statements of historical fact, included herein including, without limitation, statements regarding the anticipated

content, commencement, timing and cost of exploration programs, anticipated exploration program results, the

discovery and delineation of mineral deposits/resources/ reserves, the Company’s expectation that it will be able to

enter into agreements to acquire interests in additional mineral projects, 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, but

not limited to, the state of the financial markets for the Company’s equity securities, the state of the commodity markets

generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the

market price of any mineral products the Company may produce or plan to produce, the inability of the Company to

obtain any necessary permits, consents or authori zations required, including TSXV acceptance, for its planned

activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue

its projected growth, to raise the necessary capital or to be fully able t o implement its business strategies, 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 fil ings 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.