Wealth Minerals arranges $1-million private placement

Mr. Hendrik van Alphen reports WEALTH MINERALS ANNOUNCES PRIVATE PLACEMENT Wealth Minerals Ltd. has arranged a non-brokered private placement offering of up to 20 million units in the capital of the company at a subscription price of five cents per unit for gross proceeds of up to $1-million. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one common share in the capital of the company at an exercise price of six cents per warrant share for a period of 36 months. Insiders may participate and finders' fees may be payable to qualified finders. All securities issued in the offering are subject to a four-month hold period, during which time the securities may not be traded. Closing of the offering is subject to the approval of the TSX Venture Exchange. Proceeds of the offering are expected to be used for exploration, claim fees and general working capital. 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. We seek Safe Harbor.