Wealth Completes Share Consolidation and Debt Settlement

VANCOUVER, Jan. 21, 2015 /CNW/ - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; Frankfurt: EJZ), is pleased to announce that it has completed the previously announced share consolidation and debt settlement.

Share Consolidation

On October 31, 2014, the Company completed a share consolidation through a reverse stock split on a four old for one new common share basis.  No fractional shares were issued and any fractional shares resulting from the consolidation were cancelled without any compensation in respect thereof.  Following the consolidation, the Company had 15,565,897 common shares issued and outstanding.  The consolidation was accepted for filing by the TSX Venture Exchange on October 29, 2014.

Debt Settlement

On January 12, 2015, the Company settled debt in the amount of $1,290,799.88 owing to insiders and trade creditors through the issuance of 4,033,752 common shares at a deemed price of CAD 0.32 per share.  The common shares issued in the debt settlement are subject to a hold period of four months from the date of issuance.  Completion of the debt settlement did not create any new insiders or control persons.  Following the completion of the debt settlement, the Company has 19,599,649 common shares outstanding.  The debt settlement was accepted for filing by the TSX Venture Exchange on January 7, 2015.

The foregoing securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Wealth Minerals Ltd.

Wealth is an early stage mineral exploration company with listings on the TSX Venture and Frankfurt Stock Exchanges.  The Company is presently reviewing and assessing a number of promising mineral projects for potential acquisition.

On Behalf of the Board of Directors of
WEALTH MINERALS LTD.

"Hendrik van Alphen"
Hendrik van Alphen
President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation.  All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the potential acquisition of promising mineral projects and the anticipated business plans of the Company, are forward-looking statements.  Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.  Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events.  The Company cautions investors that any forward-looking statements by the Company or any of its joint venture partners are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required for its or their activities, the inability of the Company to produce minerals from their properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada.  All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

SOURCE Wealth Minerals Ltd.