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WML.V ·

Wealth Strengthens Board Appoints New Director Grants Stock Options

Management Changes Share Capital & Compensation

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

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

NR17-15 July 10, 2017

Wealth Strengthens Board

Appoints New Director

Grants Stock Options

FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd. (the

“Company” or “Wealth”) - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt:

E J Z N ) , r e p o r t s t h a t i t h a s s t r engthened its board of directors with the appointment of Gordon

Neal to serve as a director.

"Gord’s experience within the institutional investment communit y will be of paramount

importance to Wealth as we move our lithium brine assets forwar d,” stated Henk van Alphen,

Wealth’s CEO. "I have worked with Gord on other boards and hav e seen firsthand his attention

to value creation for all shar eholders and his understanding of capital markets. Wealth’s market

capitalization has grown from under $10 million to almost $150 million in the last two years and

as we continue to move forward I look forward to drawing on the depth of board experience that

is available to the Company.”

Gord Neal Background

Mr. Neal has more than 35 years’ experience in governance, corp orate finance and investor

relations. He founded Neal McIne rney Investor Relations in 199 1. Through marketing more

than $4 billion in debt and equ ity financings, the company grew to b e the second largest full-

service Investor Relations firm in Canada with offices in Vanco uver, Toronto and Los Angeles.

Clients included; BCE, Nortel, Be ll Canada International, Bell Mobility, Clearnet, Intrawest,

Canaccord Capital, BMO Nesbitt Burns, and Blackberry (RIM).

More recently, Mr. Neal was VP Corporate Development at MAG Sil ver Corp. (TSX: MAG,

current market capitalization of $1.3 billion), where he provid ed capital market strategies and

solutions to the board. He is currently VP Corporate Developme nt for Silvercorp Metals Inc.

(TSX: SVM, current market capitalization $600 million).

Mr. Neal has served on the board of Falco Resources, Balmoral R esources, Americas Petrogas,

Rockgate Capital, and Xiana Mining and he has raised more than $500 million for resource

companies since 2004. Mr. Neal graduated from Dalhousie Univer s i t y w i t h a B . S c . i n

Biochemistry in 1977. He has also served as a member of the Dal housie University Senate and

Board of Governors.

Wealth Minerals Ltd. - 2 - July 10, 2017

NR17-15 – Continued

Stock Option Grant

The Company also announces that, pursuant to its 2004 Incentive Stock Option Plan, it has

granted incentive stock options to directors, officers, employe es and consultants of the Company

and its affiliates to purchase up to an aggregate of 1,500,000 common shares in the capital stock

of the Company. The options are exercisable on or before July 7, 2019 at a price of $1.85 per

share.

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 its recently announced Laguna Ver de lithium project acquisition.

The Company continues to aggressively pursue new acquisitions i n the region. 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. The Company also maintains and continues to

evaluate a portfolio of precious and base metal 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]

Neither TSX Venture Exchange nor its Regulation Services Prov ider (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 forwa rd-looking statements and forwa rd-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, statements regar ding the anticipated results from mineral exploration

and development activities, the anticipated business plans and timing of future activities of the Company and the

Company’s expectation that it will be able to enter into agreem ents to acquire interests in additional mineral

properties, are forward-looking statements. Although the Compa ny believes that such statements are reasonable, it

can give no assurance that such expectations will prove to be c orrect. Forward-looking statements are typically

identified by words such as: “b elieve”, “expect”, “anticipate”, “intend”, “estimate”, “postulate” and similar

Wealth Minerals Ltd. - 3 - July 10, 2017

NR17-15 – Continued

expressions, or are those, which, by their nature, refer to fut ure events. The Company cautions investors that any

forward-looking statements by th e Company are no t guarantees of future results or performance, and that actual

results may differ materially from those in forward-looking sta tements 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 min eral 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 capita l, future prices of lithium and precious metals,

changes in general economic conditions, changes in the financia l markets and in the demand and market price for

commodities, labour disputes and other risks of the mining indu stry, 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 inabi lity of the Company to obtain any necessary permits,

consents or authorizations required, including TSX Venture Exchange's acceptance of any current or future property

acquisitions or financings and other planned activities, the ti ming and possible outcome of any pending litigation,

environmental issues and liabilities, and risks related to join t 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 di sclosure 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 pl ace undue reliance on forward-lo oking statements. The Company undertakes no

obligation to update any of the forward-looking statements in t his news release or incorporated by reference herein,

except as otherwise required by law.

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