Mr. Hendrik van Alphen reports

WEALTH MINERALS UPSIZES PRIVATE PLACEMENT AND GRANTS STOCK OPTIONS

Wealth Minerals Ltd., further to its news release dated Jan. 12, 2026, due to strong investor demand, has increased the size of its previously announced private placement from up to 12.5 million units of the company to up to 18.75 million units in the capital of the company at a subscription price of eight cents per unit for gross proceeds of up to $1.5-million. All terms and conditions remain the same as provided in the Jan. 12, 2026, news release.

The company further confirms that there is no undisclosed material information.

Hendrik van Alphen, chief executive officer of Wealth Minerals, stated: "The response to our placement announcement has been extremely positive, no doubt due to our recent CEOL news and the favourable lithium market backdrop. After a prolonged lull in the lithium market, the demand for lithium is surging as the world realizes anew that commodities cannot be printed, they must be created in reality. Lithium carbonate equivalent now trades above $23,000 (U.S.) per tonne, up strongly for the past six months, and I believe this price strength will continue for some time. The Wealth team is working hard on corporate development and I look forward to sharing with the investor public news of our progress in 2026."

Stock option grant

Pursuant to the company's amended 2004 incentive stock option plan, the company has granted incentive stock options to directors, officers, employees and consultants of the company to purchase up to 8.7 million common shares in the capital stock of the company. The options are exercisable on or before Jan. 26, 2028, at a price of 10 cents per share.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests Chile. The company's focus is the acquisition and development of lithium projects in South America. Presently, the company is working to diversify its asset base to include precious metal projects.

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.