Wealth Minerals (OTC) (TSE:WML) has released an update.
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Wealth Minerals Ltd. has successfully completed a non-brokered private placement with Sulzer AG, raising $2 million through the issuance of 10 million shares at $0.20 each. This strategic financial move strengthens the company’s position, as it continues to focus on lithium project acquisition and development in South America, amidst a market facing significant supply and demand challenges for battery metals.
For further insights into TSE:WML stock, check out TipRanks’ Stock Analysis page.