WEALTH MINERALS LTD. ("WML")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 3, 2016
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to an agreement dated August 10, 2016 (the "Agreement"), between Wealth Minerals Ltd. (the "Company"), James Dawson and Gary Belik (collectively, the "Vendors"). Pursuant to the Agreement, the Company acquired the option to earn a 100% interest in the Jesse Creek property, British Columbia (the "Property").
Consideration for the Property is as follows:
CASH SHARES
Closing $40,000 200,000
October 3, 2017 $80,000 400,000
October 3, 2018 $160,000 600,000
October 3, 2019 $320,000 800,000
October 3, 2020 $400,000 1,000,000
Insider / Pro Group Participation: James Dawson holds a 50% interest in the Property and is a director of the Company.
For additional information please refer to the Company's news releases dated August 10, 2016 and September 15, 2016.
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