VANCOUVER, May 31,
2016 /CNW/ - Wealth Minerals Ltd. (the "Company" or
"Wealth") - (TSXV: WML; OTCQB: WMLLF; Frankfurt: EJZ), announces
that effective immediately, it has completed an upgrade from the
OTC Pink® market to the OTCQB® market. The Company's WMLLF
trading symbol will be unchanged.
"Wealth believes that this upgraded listing will
provide good support for the Company's newly implemented US
investor relations program. The Company has seen an increase
in U.S. trading over the past few weeks and we recognize and
appreciate our US shareholders." stated Henk van Alphen, Wealth's President & CEO,
"This upgrade, together with Wealth's recently announced listing in
the Mergent Manuals and News Reports ™, clears the way for greater
liquidity in the US."
About OTCQB®
The OTCQB® Venture Marketplace is for
entrepreneurial and development stage U.S. and international
companies. To be eligible, companies must be current in their
reporting and undergo an annual verification and management
certification process. These standards provide a strong
baseline of transparency, as well as the technology and regulation
to improve the information and trading experience for
investors.
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 of
Lithium projects in South America,
including interests in the Maricunga Salar and the Salar de Aguas
Calientes in Chile. The
Company also maintains a portfolio of precious and base metal
exploration-stage projects.
For further details on the Company readers are
referred to the Company's web site (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
President & CEO
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 press release, which has been
prepared by management.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking
statements and forward-looking information (collectively,
"forward-looking statements") within the meaning of applicable
Canadian and US securities legislation. All statements, other
than statements of historical fact, included herein including,
without limitation, statements regarding the anticipated content,
commencement, timing and cost of exploration programs, anticipated
exploration program results, the discovery and delineation of
mineral deposits/resources/reserves, the proposed acquisition by
the Company of interests in the Maricunga and Aguas Calientes
Salars, Chile, the possibility
that the listing of the Company's common shares on the OTCBB®,
together with Wealth's recently announced listing in the Mergent
Manuals and News Reports ™ clears the way for greater liquidity in
the US, 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, but not
limited to, the state of the financial markets for the Company's
equity securities, the state of the commodity markets generally,
variations in the nature, quality and quantity of any mineral
deposits that may be located, variations in the market price of any
mineral products the Company may produce or plan to produce, the
inability of the Company to obtain any necessary permits, consents
or authorizations required, including TSXV acceptance, for its
planned activities, the inability of the Company to produce
minerals from its properties successfully or profitably, to
continue its projected growth, to raise the necessary capital or to
be fully able to implement its business strategies, 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.
This press release is not, and is not to be
construed in any way as, an offer to buy or sell securities in
the United States.
SOURCE Wealth Minerals Limited