Wealth Minerals (OTC) (TSE:WML) has released an update.
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Wealth Minerals Ltd. has announced a fully subscribed non-brokered private placement aiming to raise $2 million through the sale of 10 million shares at $0.20 each. The proceeds are earmarked for exploration activities and general working capital needs. The company specializes in the acquisition and development of lithium projects in South America, aligning with the increasing demand for battery metals.
For further insights into TSE:WML stock, check out TipRanks’ Stock Analysis page.