Wealth Minerals | LinkedIn
  • Wealth Minerals (WML) has increased its private placement financing by an additional 8,000,000 units
  • The non-brokered private placement now consists of up to 12,150,000 units at $0.25 per unit for gross proceeds of up to $3,037,500
  • The net proceeds from the offering will be for exploration and general working capital needs
  • Wealth is a mineral resource company with interests in Canada, Mexico and Chile
  • Wealth Minerals Ltd. (WML) was up 21.43 per cent, trading at C$0.34 per share at 4:10 pm ET

Wealth Minerals (WML) have increased its previously announced private placement financing for gross proceeds of up to $3,037,500.

The company will now issue up to 12,150,000 units at $0.25 per unit All other terms and conditions of the offering remain the same.

The net proceeds will be for be used for exploration and general working capital needs

Wealth is a mineral resource company with interests in Canada, Mexico and Chile. The company’s main focus is the acquisition, exploration and development of mineral properties primarily prospective for lithium, precious metals and copper projects in South America.

Wealth is a mineral resource company focused on developing lithium projects in South America. The company holds interests in Canada, Mexico and Chile. Its project portfolio includes the Atacama Salar, Harry project, and Atacama Property, among others. The Atacama Salar is the World’s highest grade and largest producing lithium brine deposit.

Wealth Minerals Ltd. (WML) was up 21.43 per cent, trading at C$0.34 per share at 4:10 pm ET.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Canopy Growth fuels turnaround story with fresh capital

Canopy Growth (TSX:WEED) continues its turnaround story with a C$96.3 million exchange and subscription deal with an institutional investor.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.