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Wealth Minerals (TSXV:WML) upsizes private placement

Mining, The Market Online Deal Room
TSXV:WML
27 June 2022 16:30 (EDT)

Wealth Minerals | LinkedIn

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.

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