Wealth Minerals Ltd. announces the Company has signed an agreement with the Indigenous Quechua Community of Ollagüe , setting the terms of cooperation between the two parties as an extension of the original cooperation agreement signed previously . Wealth remains committed to respect community rights and traditions and to be open and transparent in all activities regarding the Ollagüe Project. The two parties have agreed [...]
Wealth Minerals Ltd. announces that starting June 1, 2023 it has engaged Francisco Lepeley to be CEO of Wealth Minerals Chile SpA. Mr. Lepeley has a long track record of top management experience at leading Chilean companies, having served for nine years as CFO for several of Antofagasta PLC mines in Chile, four years as CFO of the world's second largest salmon farming company , and most recently as CFO of CAP S.A [...]
Wealth Minerals Ltd. believes the new Chilean policy regarding the lithium industry, announced last Friday by Mr. Gabriel Boric, the President of Chile, is a key step forward for developing lithium assets in Chile, and a major factor in how the global lithium industry will unfold for decades. Wealth Minerals is developing its wholly-owned Ollagüe and Atacama Projects, a combined license package over 50,000 hectares in [...]
Wealth Minerals Ltd. reports, further to its news release on January 25, 2023, that the purchase from World Copper Ltd. of 2,000,000 common shares in the capital of Electric Royalties Ltd. for a purchase price of $0.25 per ELEC Share has now closed. On closing, the Company received 2,000,000 ELEC Shares for the aggregate cash payment amount of CAD $500,000. As the Company holds more than 10% of the issued and outstanding [...]
Wealth Minerals Ltd. announces that new data that has been released regarding an ongoing Environmental Impact Assessment report published in 2022 by Sociedad Química y Minera de Chile S.A. regarding potential brine extraction at the Atacama Salar 1,2. Wealth's CEO, Hendrik van Alphen, commented: "New data revealed by SQM is very positive for Wealth. Just 400 metres from our license package's southern border, SQM drilled a [...]
Wealth Minerals Ltd. announces that it has entered into a share purchase agreement with World Copper Ltd. whereby the Company will purchase from World Copper, 2,000,000 common shares in the capital of Electric Royalties Ltd. for a purchase price of $0.25 per ELEC Share for the aggregate amount of $500,000 cash , subject to acceptance for filing by the TSX Venture Exchange . As the Company holds more than 10% of the issued [...]
Wealth Minerals Ltd. today announced they will be attending the virtual Q1 Investor Summit. Event: Q1 Investor Summit Date: January 26th, 2023 Presentation: January 26th at 4:00 p.m. EST Location: https://us06web.zoom.us/webinar/register/WN_hNoTpi9ITA2GIhmJggJiFg The theme is 25 micro-cap companies with a catalyst and/or strong performance in the current market: 1x1s will be available for qualified investors The [...]
Wealth Minerals Ltd. announces a maiden NI 43-101 resource estimate for its Ollagüe lithium project in Chile. This resource estimate for lithium carbonate equivalent was prepared for Wealth by independent consultants Montgomery & Associates . The resource estimate is based on Wealth's geophysical survey and the 2022 drill program, which consisted of four vertical holes for a total of 1,111m in length. Hole depths varied [...]
Wealth Minerals Ltd. , reports that pursuant to their news release of December 16, 2022, they have closed the non-brokered private placement offering, issuing 3,071,579 units for gross proceeds of $1,167,200. Each unit consisted of one common share at a price of $0.38 and one common share purchase warrant at an exercise price of $0.48 for a period of 24 months, expiring on December 30, 2024. In connection with the private [...]
Wealth Minerals Ltd. provides an analysis of the 2022 Environmental Impact Assessment report published by Sociedad Química y Minera de Chile S.A. regarding brine extraction at the Atacama salar1,2. SQM is a leading Chilean chemical company and one of the world's largest lithium producers, with production facilities on the Atacama salar3. Wealth controls approximately 46,000ha of license ground in the Atacama salar and [...]
Wealth Minerals Ltd. provides an analysis of the 2022 Environmental Impact Assessment report published by Sociedad Química y Minera de Chile S.A. regarding brine extraction at the Atacama salar1,2. SQM is a leading Chilean chemical company and one of the world's largest lithium producers, with production facilities on the Atacama salar3. Wealth controls approximately 46,000ha of license ground in the Atacama salar and [...]
Wealth Minerals Ltd. , has arranged a non-brokered private placement offering of up to 2,631,579 units in the capital of the Company at a subscription price of $0.38 per Unit for gross proceeds of up to $1,000,000, each Unit consists of one common share and one common share purchase warrant , each Warrant entitles the holder thereof to purchase one common share in the capital of the Company at an exercise price of $0.48 [...]
