Wealth Minerals Ltd (WMLLF)

[Dspetry]

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Subject to approval of the TSX Venture Exchange (the “TSXV”), the Company has entered into an option agreement to acquire the Kootenay Project, comprising claims totaling 7,864 hectares. The underlying beneficial owners of the Kootenay Project are Crockite Resources Ltd. and James M. Dawson and Dawson Geological Consultants Ltd. (collectively, the “Vendors”), both of which are at arm’s length to the Company. Wealth has been granted the exclusive option to acquire a 100% interest in the Kootenay Project by issuing an aggregate of 3,000,000 common shares in its capital stock and making payments to the Vendors in the aggregate amount of CAD$895,000 over a four-year term