Wealth Minerals Closes $423,500 Final Financing Tranche

- November 7th, 2016

Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ), announces that, on November 4, 2016,it closed the final tranche of its non-brokered private placement announced October 20, 2016 (the “Placement”) issuing a total of 4,089,845 shares (the “Shares”) of the Company at a price of $1.10 per Share for gross proceeds of $4,498,829.50.

Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ), announces that, on November 4, 2016,it closed the final tranche of its non-brokered private placement announced October 20, 2016 (the “Placement”) issuing a total of 4,089,845 shares (the “Shares”) of the Company at a price of $1.10 per Share for gross proceeds of $4,498,829.50.  The financing closed in three tranches.  On October 26, 2016, the first tranche closed issuing 1,185,000 Shares @ $1.10 for proceeds of $1,303,500 and paying cash finder’s fees of $53,900.00 to Haywood Securities Inc.  The second tranche closed November 2, 2016 issuing 2,519,845 Shares @ $1.10 for proceeds of $2,771,829.50 and paid cash finder’s fees totaling $160,545.00 to Haywood Securities Inc., Canaccord Genuity Corp. and RBC Dominion Securities Inc. The final tranche closed today, issuing 385,000 Shares @ $1.10 for proceeds of $423,500 and paid cash finder’s fees totaling $29,645.00 to Haywood Securities Inc. – See more at: http://www.thenewswire.ca/archives?tnwcatalyst2=release_id%3D20457#sthash.talsjCXf.dpuf
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