Mr. Hendrik van Alphen reports
WEALTH MINERALS CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT
Further to the news releases dated Jan. 12, Jan. 26 and Feb. 3, 2026, Wealth Minerals Ltd. has closed the final tranche of its private placement. On Feb. 25, 2026, the company issued an additional 6,825,000 units at eight cents per unit for gross proceeds of $546,000. The aggregate units issued were 19,575,000, and aggregate gross proceeds were $1,566,000. Each unit consisted of one common share and one-half of one common share purchase warrant at 12 cents, expiring on Feb. 25, 2028. All securities issued have a four-month-plus-one-day hold period.
Finders' fees were paid to Canaccord Genuity Corp. ($3,920 in cash and 49,000 finder warrants and Haywood Securities Inc. ($2,800 in cash and 35,000 finder warrants).
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.
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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