WEALTH MINERALS LTD. ("WML")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 21, 2017
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 October 28, 2016 (the "Agreement"), between Wealth Minerals Ltd. (the "Company") and Atacama Lithium Chile SpA ("Atacama"). Pursuant to the Agreement, the Company acquired the option to earn a 100% interest in the Proyecto Atacama property, Chile (the "Property").
Consideration for the Property is as follows:
CASH SHARES
November 1, 2016 US$3,000,000 (paid) 2,000,000 (issued)
July 1, 2017 US$3,000,000 4,000,000
March 1, 2018 US$3,000,000 4,000,000
March 1, 2019 US$5,000,000 5,000,000
TOTAL US$14,000,000 15,000,000
Insider / Pro Group Participation: N/A
For additional information please refer to the Company's news releases dated August 4, 2016 and November 23, 2016.
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