20:43:24 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Wealth Minerals Ltd (2)
Symbol WML
Shares Issued 325,855,941
Close 2024-01-19 C$ 0.24
Market Cap C$ 78,205,426
Recent Sedar Documents

Wealth Minerals grants options to buy 7.78 M shares

2024-01-19 16:22 ET - News Release

Mr. Hendrik van Alphen report

WEALTH GRANTS STOCK OPTIONS

Pursuant to the company's 2004 incentive stock option plan, Wealth Minerals Ltd. has granted incentive stock options to directors, officers, employees and consultants of the company to purchase up to 7,785,000 common shares in the capital stock of the company. The options are exercisable on or before Jan. 19, 2026, at a price of 24 cents per share.

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.

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