Brief: Wealth Minerals arranges $4.125 mln non-brokered private placement

Wealth Minerals

20/10/2016 21:30

Oct 20 (Reuters) - Wealth Minerals Ltd  WML.V : 
    * Wealth arranges $4.125 million non-brokered private 
placement 
    * Non-Brokered private placement of up to 3.75 million 
shares of company at a price of $1.10 per share 
    * Proceeds from placement to be used to fund initial option 
payment on atacama lithium project 
    * Wealth Minerals - proceeds to be used to fund costs for 
review of additional potential lithium mineral property 
acquisitions in South America 
    * Wealth Minerals - continues to assess additional potential 
lithium mineral property acquisitions in south america on which 
co is actively negotiating 
 
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