Source: Wealth Minerals
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  • Wealth Minerals (WML) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
  • The company will issue up to 2,631,579 units at a subscription price of $0.38 per unit
  • Proceeds will be used for exploration and general working capital
  • Wealth Minerals is a mineral resource company with interests in Canada and Chile
  • Wealth Minerals Ltd. (WML) opened trading at C$0.475

Wealth Minerals (WML) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.

The company will issue up to 2,631,579 units at a subscription price of $0.38 per unit. Each unit will include one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of $0.48 for a period of 24 months.

The proceeds will be used for exploration and general working capital.

Closing of the offering is subject to the approval of the TSX Venture Exchange.

Wealth Minerals 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.

Wealth Minerals Ltd. (WML) opened trading at C$0.475.


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