Vancouver, British Columbia–(Newsfile Corp. – June 27, 2022) – Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the “Company” or “Wealth”), reports that they have increased their strategic financing announced June 7, 2022 by an additional 8,000,000 units ($2,000,000). The non-brokered private placement (the “Placement”) now consists of up to 12,150,000 units (the “Units”) at a price of $0.25 per Unit (the “Offering”) for gross proceeds of up to $3,037,500. All terms and conditions remain the same as reported in the June 7, 2022 news release. The financing is fully-subscribed and the increase is subject to TSXV conditional approval.
The net proceeds from the Offering are intended for exploration and general working capital.
This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which…
