Wealth Minerals – Annual Filings Update
Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3
Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com
NR20-05 March 30, 2020
Wealth Minerals – Annual Filings Update
FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd. (the
“Company” or “Wealth”) - (TSXV: WML; OTCQX: WMLLF; SSE: WMLCL; Frankfurt: EJZN),
is providing an update on the status of the filing of its annua l financial statements and
accompanying management’s discussion and analysis, and related CEO and CFO certifications for
the financial year ended Novemb er 30, 2019 (collectively “the A nnual Filings”), which were
required to be filed by today under National Instrument 51-102.
On March 18, 2020, the Canadian Securities Administrators (“CSA ”) announced that they will
provide issuers with a 45-day fi ling extension for filings requ ired on or before June 1, 2020 to
allow issuers the time needed to focus on the many other busine ss and financial reporting
implications of COVID-19. Wealth will rely on this exemption with respect to the Annual Filings
in accordance with BC Instrument 51-515, Temporary Exemption from Certain Corporate Finance
Requirements.
The Company is continuing to work diligently and expeditiously with its auditors to file the Annual
Filings on or around April 9, 2020 and no later than April 17, 2020. In the interim, management
and other insiders of the Compan y are subject to a trading blac k-out policy that reflects the
principles in section 9 of National Policy 11-207, Failure to-File Ceas e Trade Orders and
Revocations in Multiple Jurisdictions.
The Company confirms that since the filings of its interim unau dited consolidated financial
statements for the nine mont hs ended August 31, 2019, there hav e been no material business
developments other than those disclosed through news releases.
About Wealth Minerals Ltd.
Wealth is a mineral resource company with interests in Canada, Mexico and Chile. The Company’s
main focus is the acquisition and development of lithium projects in South America.
The Company opportunistically advances battery metal projects, namely copper and nickel, 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. Wea lth 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.
Wealth Minerals Ltd. - 2 - March 30, 2020
NR20-05 – Continued
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, Henk van Alphen or Tim McCutcheon
Phone: 604-331-0096 Ext. 3886 or 604-638-3886
E-mail: [email protected]
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.