VANCOUVER, Oct. 20, 2016 /CNW/ -
Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ), announces that it has arranged a non-brokered private placement (the "Placement") of up to 3,750,000 shares (the "Shares") of the Company at a price of $1.10 per Share for gross proceeds of up to $4,125,000
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