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Wealth Minerals Ltd.: Wealth Closes $5 Million Non-Brokered Private Placement Vancouver, British Columbia (Newsfile Corp. - May 4, 2021) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the Company or Wealth ), announces they have closed the non-brokered private placement previously announced on April 1, 2021 (the Placement ). On April 30, 2021, a total of 30,297,698 units (each, a Unit ) were issued under the Placement at a price of $0.165 per Unit for gross proceeds of $4,999,120.35. Each Unit consists of one common share in the capital of the Company (each, a Share ) and one-half of one common share purchase warrant (a Warrant ). Each whole Warrant entitles the holder to acquire one additional share of the Company at a price of $0.30 per Share for a period of two years, expiring on April 30, 2023.

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