Wealth Closes Tranche of Non-Brokered Private Placement

http://www.wealthminerals.com/news/2017/06/29/wealth-closes-tranche-of-non-brokered-private-placement-2017-06-29

FOR IMMEDIATE RELEASE….Vancouver, British Columbia: Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ), announces that today it has closed a portion of the non-brokered private placement previously announced on June 2, 2017 (the “Placement”). The closing consisted of the issuance of a total of 2,150,092 shares at a price of $1.50 per share for gross proceeds of $3,224,688. All shares issued by the Company will have a four-month hold period in Canada ending on October 30, 2017. In addition, finder’s fees will be paid in cash and/or shares. The Company has received a 30-day extension from the TSX Venture Exchange to close a final tranche, which is anticipated to close before July 12, 2017.

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