VANCOUVER, British Columbia, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSXV: WML; OTCQX: WMLLF; SSE: WMLCL; Frankfurt: EJZN), invites investors and others interested in the Company to visit the team at Booth #3141 in the Investors Exchange at the PDAC 2020 Mining Conference to be held on March 1-4th, 2020. Also at the booth, there will be information available about Wealth Copper, the Company’s 42.63% owned subsidiary.
A copy of the Company’s March 2020 corporate presentation can be found on the Company’s website at https://wealthminerals.com/investors/presentation/.
Information on Wealth Copper can be found online at https://wealthcopper.com/.
PDAC is considered to be the world’s premier mineral exploration and mining convention for people, companies and organizations in, or connected to, the mineral exploration industry. This four-day annual event will be held at the Metro Toronto Convention Centre, in Toronto, Canada. For more information, including event registration, please visit the PDAC website at https://www.pdac.ca/convention.
Wealth also announces it has agreed to join the Richmond Club, a high-quality investor forum, which also compiles The Richmond Club Index (where Wealth will be included). The Richmond Club Index has outperformed the TSX Venture Exchange by an average of 26% each year since its inception fifteen years ago. The Richmond Club Index’s success is attributed to: 1) picking quality, undervalued, high growth potential companies, 2) showcasing them to its membership base which tends to increase the stock’s liquidity and put upward pressure on the price and 3) the digital marketing of the selected companies through social media and tailor-made marketing campaigns through various media outlets. Additionally, companies in the Richmond Index have 3 videos produced for them, as well as a written article, which is distributed through all the various media channels. To cover the costs relating to the investor luncheon presentations, video production and web promotions, Wealth Minerals has agreed to pay Streetwise Investors Club Inc., owner of the Richmond Club, $3,500 plus HST per month for each six-month term that Company will be in the Richmond Club Index.
About Wealth Minerals Ltd.
Wealth is a mineral resource company with interests in Canada, Mexico, Peru and Chile. The Company’s main focus is the acquisition and development of lithium projects in South America.
The Company opportunistically advances battery metal projects, namely copper and nickel, where it has a peer advantage in project selection and initial evaluation.
Lithium market dynamics and a rapidly increasing metal price are the result of profound structural issues with the industry meeting anticipated future demand. Wealth is positioning itself to be a major beneficiary of this future mismatch of supply and demand. In parallel with lithium market dynamics, Wealth believes other battery metals will benefit from similar industry trends.
For further details on the Company readers are referred to the Company’s website (www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
WEALTH MINERALS LTD.
“Hendrik van Alphen”
Hendrik van Alphen
Chief Executive Officer
For further information, please contact:
Marla Ritchie, Henk van Alphen or Tim McCutcheon
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, anticipated exploration program results from exploration activities, the Company’s expectation that it will be able to enter into agreements to acquire interests in additional mineral properties, the discovery and delineation of mineral deposits/resources/reserves, the closing and amount of the Placement, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “postulate” and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of lithium, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in the Placement, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including acceptance by the TSX-V, required for the Placement, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company’s latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.