Wealth Minerals Ltd.

New CFO Appointed

Options Granted

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/19/10 -- Wealth Minerals Ltd. (the 'Company' or 'Wealth') (TSX VENTURE: WML)(FRANKFURT: EJZ), is pleased to announce that the Company has entered into an agreement to retain the services of Axon Communications Inc., of Vancouver, BC, to provide investor relations services to the Company, commencing immediately. The Company also announces that Mr. David Cross CGA has been appointed Chief Financial Officer, effective October 15, 2010, to fill the vacancy created by the resignation of Mr. Michael Kinley CA.