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Cours Or & Argent

Wealth Minerals Ltd.

Publié le 26 avril 2008

FILES FORM 15 TO VOLUNTARILY TERMINATE U.S. REGISTRATION

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1177 W. Hastings Street, Suite 1901

Vancouver, British Columbia, Canada

V6E 2K3

www.wealthminerals.com

 

NR08-03                                                                                                                      April 25, 2008

 

WEALTH FILES FORM 15 TO VOLUNTARILY TERMINATE U.S. REGISTRATION
OF ITS COMMON SHARES

 

Vancouver, British Columbia…  Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSX Venture Exchange: WML, Frankfurt: EJZ), announces that it has moved to voluntarily terminate the registration of its common shares (the “Termination”) under the United States Securities Exchange Act of 1934 (the “1934 Act”).  On April 8, 2008, Wealth filed a Form 15-F with the United States Securities and Exchange Commission, which had the effect of immediately suspending its reporting obligations under the 1934 Act, including Form 20-F and Form 6-K filings.  Wealth expects the Termination to become effective 90 days after the filing of the Form 15 (July 7, 2008).  As a consequence of the filing of the Form 15 and the suspension of its reporting obligations, Wealth’s common shares are no longer eligible for trading on the Over-the-Counter Bulletin Board (the “OTCBB”).

 

Wealth determined to proceed with the Termination primarily due to the following factors:

 

1.                   Wealth’s common shares are listed on the TSX Venture and Frankfurt Stock Exchanges;

2.                   Wealth does not maintain a U.S. listing of its common shares and currently has no plans to seek such a listing; and

3.                   A continued registration under the 1934 Act would require Wealth to comply, as an accelerated filer, with the full requirements of the Sarbanes-Oxley Act of 2002, and the Company does not believe that the significant expense of such compliance can be justified by the limited benefits that may be realized.

Wealth is current with all requirements under U.S. securities laws.  Wealth’s consolidated financial statements are prepared in accordance with Canadian generally accepted accounting principles (“GAAP”) and, due to the deregistration of its common shares under the 1934 Act, Wealth will no longer provide a reconciliation note to U.S. GAAP in its annual financial statements.

 

The Termination will not affect Wealth’s continuous disclosure obligations in Canada.  Wealth will continue to file its continuous disclosure documents with the applicable Canadian securities regulators, which will be made available at www.sedar.com.

 

About Wealth Minerals Ltd.

 

Wealth is a well-financed mineral exploration company with approximately 26.7 million shares issued and listings on the TSX Venture and Frankfurt Stock Exchanges.  The Company’s focus is the acquisition and exploration of prospective uranium properties in Argentina and Peru.  In addition to ongoing work


programs on its existing properties, the Company continues to evaluate the potential of several new uranium projects.

 

For further details on the Company readers are referred to the Company’s web site (www.wealthminerals.com), Canadian regulatory filings on SEDAR at www.sedar.com.

 

On Behalf of the Board of Directors of

WEALTH MINERALS LTD.

 

“Henk Van Alphen”

President & Chief Executive Officer

 

 

For further information, please contact:

Glenn Shand

Phone: 604-331-0096 / 888-331-0096

E-mail: info@wealthminerals.com

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release, which has been prepared by management.

 

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.

 

-30-

 

 

Wealth Minerals Ltd.

EXPLORATEUR
CODE : WML.V
ISIN : CA9468851006
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Wealth Min. est une société développant des projet miniers de lithium basée au Canada.

Wealth Min. détient divers projets d'exploration en Argentine.

Ses principaux projets en exploration sont AMBLAYO, LAS CAPILLAS (EL CUCHO), SAN JORGE BASIN (BORORO NUEVO), DIAMANTE - LOS PATOS, PAMPA CORIA, BORONO NOVO et RODEO DE LOS MOLLES en Argentine et MACUSANI au Perou.

Wealth Min. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 5,0 millions CA$ (3,6 millions US$, 3,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 6,12 CA$, et son plus bas niveau récent le 07 novembre 2014 à 0,03 CA$.

Wealth Min. possède 77 660 000 actions en circulation.

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2006 Annual report
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11/03/2013Closes Non-Brokered Private Placement
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30/09/2009Arranges Non-Brokered Private Placement
10/09/2009Closes Non-Brokered Private Placement
12/08/2009Arranges Non-Brokered Private Placement
14/11/2008Closes Non-Brokered Private Placement
25/09/2008Announces Non-Brokered Private Placement
Projets de Wealth Minerals Ltd.
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17/09/2008(San Jose)Discovers Additional High-Grade Uranium
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02/05/2008(San Jose)Discovers New Zone of High-Grade Uranium
01/05/2008(Diamante - Los Patos)New Drilling Results at the Bingo Zone
15/04/2008(San Jose)Defines Large Copper Target at San Jose Property
30/01/2008(Diamante - Los Patos)Drilling Continues to Intersect Broad Zones of Uranium
05/12/2007(Diamante - Los Patos)Intersects Large, Potential Bulk Tonnage at Diamante-Los Pat...
25/10/2007(Diamante - Los Patos) Commences 10,000 metre drilling campaign on its Diamante-Lo...
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31/05/2016Wealth Completes Listing on OTCQB® Exchange
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21/04/2016Wealth Closes $1,000,000 Financing
18/04/2016Wealth Announces Appointment of Marcelo A. Awad as Executive...
02/02/2016U.S. lithium firm Albemarle plans to more than double Chile ...
01/02/2016Wealth Enters into Exclusive LOI to Negotiate Agreement to A...
30/12/2015Wealth Closes $540,000 Non-Brokered Flow-through Private Pla...
29/12/2015Wealth Closes $540,000 Non-Brokered Flow-through Private Pla...
17/12/2015Wealth Outlines Coronado Plans
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09/10/2015Wealth Grants Stock Options
08/10/2015Wealth Closes Acquisition of Yanamina Gold Project, Peru
17/08/2015Wealth Completes $450,000 Non-Brokered Private Placement
05/08/2015Wealth Appoints Tang Chief Operating Officer & Director
27/07/2015Wealth Signs Definitive Agreement for Option to Acquire up t...
13/07/2015Wealth Shares Listed on the Foreign Securities Market of the...
24/06/2015Wealth Grants Stock Options
07/04/2015Wealth Grants Stock Options
01/04/2015Wealth Enters into Exclusive LOI to Negotiate Agreement to A...
31/03/2015Wealth Closes $720,000 Non-Brokered Private Placement
27/02/2015Wealth Closes $750,000 Non-Brokered Private Placement
23/02/2015Wealth Arranges $720,000 Non-Brokered Private Placement
02/02/2015Wealth Options N1/N2 Gold Project from Balmoral Resources Lt...
02/02/2015Balmoral Options N1-N2 Project to Wealth Minerals
21/01/2015Wealth Completes Share Consolidation and Debt Settlement
09/07/2013Crosshair Terminates Letter of Intent with Wealth Minerals
04/07/2013Amends Option Grant of 3,150,000
21/06/2013Grants 3,150,000 Options
25/10/2012Enters Into LOI to Sell Argentinean Uranium Projects to Cros...
02/10/2012Confirms Potential for Bulk-Tonnage Silver at Valsequillo Pr...
13/09/2011Tue. Sep. 13/11
07/07/2011Surface Sampling Expands Known Zones of High-Grade Rare Eart...
04/05/2011Intersects Potentially Large, Bulk Tonnage, Uranium System a...
11/04/20114/11/11
11/04/2011Initial Sampling Confirms Presence of High-Grade Rare Earth ...
23/03/2011News Release
27/05/2010Signs Option to Acquire Argentina’s Largest Rare Earth Eleme...
02/09/2008Vientos Property Hosts Large Outcropping Uranium Zone
26/04/2008FILES FORM 15 TO VOLUNTARILY TERMINATE U.S. REGISTRATION
09/04/2008EXPLORATION UPDATE
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