Mr. Hendrik van Alphen reports

WEALTH MINERALS CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Further to the news releases dated Jan. 12 and Jan. 26, 2026, Wealth Minerals Ltd. has closed a first tranche of the private placement. On Jan. 30, 2026, the company issued 12.75 million units at eight cents per unit for gross proceeds of $1.02-million. Each unit consists of one common share and one-half of one common share purchase warrant at 12 cents, expiring on Jan. 30, 2028. All securities issued have a four-month-plus-one-day hold period.

Finders' fees were paid to Red Cloud Securities Inc. ($1,400 in cash and 17,500 finder warrants), EDE Asset Management Inc. ($32,480 in cash and 406,000 finder warrants) and IBK Capital Corp. ($3,360 in cash and 42,000 finder warrants).

The company expects to close the final, fully subscribed tranche within the next week or so.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Chile. The company's focus is the acquisition and development of lithium projects in South America. Currently, 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.