20266 releases
Wealth Minerals Closes Final Tranche of Private Placement
The final tranche of a private placement closed on February 25, 2026, with 6,825,000 units issued at $0.08 per unit for gross proceeds of $546,000, bringing aggregate issuance to 19,575,000 units and $1,566,000 in gross proceeds. Each unit included one common share and one-half warrant exercisable at $0.12, expiring February 25, 2028, with a four-month plus one day hold period. Finder's fees were paid to Canaccord Genuity Corp. ($3,920 cash and 49,000 warrants) and Haywood Securities Inc. ($2,800 cash and 35,000 warrants).
FinancingWealth Minerals Announces Private Placement
A non-brokered private placement of up to 12,500,000 units at $0.08 per unit for gross proceeds of up to $1,000,000 has been launched, with each unit comprising one common share and one-half warrant exercisable at $0.12 for 24 months. Insiders may participate, finders' fees may be payable, and the securities carry a four-month hold period; closing is subject to TSX Venture Exchange approval. Proceeds are intended to advance the CEOL process and for general working capital.
Financing
202510 releases
Wealth Minerals Provides Update on Proposed Andacollo Oro Gold Project Acquisition
Wealth Minerals will not proceed with the binding letter agreement dated September 24, 2025 to acquire an indirect 100% royalty-free interest in the Andacollo Oro Gold Project in Chile. Canadian regulatory requirements and new Chilean banking compliance delays prevented the Company from making the payments to the vendor specified in the agreement. All funds raised for the AOG Project will be returned in accordance with the terms of the signed subscription agreements.
AcquisitionWealth Minerals Enters into Letter Agreement to Acquire the Andacollo Oro Gold Project Announces Private Placement
A binding letter agreement dated September 24, 2025 gives Wealth Minerals the right to acquire an indirect 100% royalty-free interest in the Andacollo Oro Gold Project in Coquimbo, Chile, for 12.5 million post-consolidation shares plus assumed deferred payments totalling US$30 million cash over 48 months, of which up to US$7 million may be paid in shares; a US$350,000 exclusivity payment has been made. The project holds historical estimates of 2.02M oz Au measured and indicated (130Mt at 0.48 g/t) and 5.06M oz Au inferred (358Mt at 0.45 g/t), not treated as current resources, and produced 1.12M oz Au.
AcquisitionWealth Minerals Loans
Financing
202410 releases
Wealth Grants Stock Options
Corporate