Source: Wealth Minerals
  • Wealth Minerals (WML) has closed a non-brokered private placement for gross proceeds of $1,167,200
  • The company issued 3,071,579 units at $0.38 per unit
  • Proceeds will be used for exploration and general working capital
  • Wealth Minerals is a mineral resource company with interests in Canada and Chile
  • Wealth Minerals Ltd. (WML) opened trading at C$0.46

Wealth Minerals (WML) has closed its previously announced non-brokered private placement for gross proceeds of $1,167,200.

The company issued 3,071,579 units at a subscription price of $0.38 per unit. Each unit includes one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of $0.48 for a period of 24 months.

The proceeds will be used for exploration and general working capital.

Wealth Minerals is a mineral resource company with interests in Canada, Mexico and Chile. The company’s main focus is the acquisition and development of lithium projects in South America.

Wealth Minerals Ltd. (WML) opened trading at C$0.46.

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