Mr. Hendrik van Alphen reports

WEALTH ARRANGES $4.125 MILLION NON-BROKERED PRIVATE PLACEMENT

Wealth Minerals Ltd. has arranged a non-brokered private placement of up to 3.75 million shares of the company at a price of $1.10 per share for gross proceeds of up to $4,125,000. All shares issued in the placement will have a hold period in Canada of four months from the closing of the placement. Cash finders' fees are payable on a portion of the placement.

The net proceeds from the placement are intended to be used to finance the initial option payment on the Atacama lithium project, the costs for the review and assessment of additional potential lithium mineral property acquisitions in South America, and for general and administrative expenses, and working capital.

Wealth continues to assess additional potential lithium mineral property acquisitions in South America on which the company is actively negotiating.

Completion of the placement is subject to the acceptance for filing thereof by the TSX Venture Exchange.

About Wealth Minerals

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 Caliente Norte, Pujsa and Quisquiro salars in Chile (the Trinity project), as well as to work with existing producers in the prolific Atacama salar.

We seek Safe Harbor.