Wealth Minerals appoints Stefan Schauss to its Board of Directors

– CANADA, Vancouver – Wealth Minerals Ltd. – (TSXV:WML / OTCQB:WMLLF / SSE:WMLCL / Frankfurt:EJZN), reports that it has strengthened its board of directors with the appointment of Stefan Schauss to serve as a director.

“Mr. Schauss brings to Wealth decades of experience in the electric battery, green power industries,” states Wealth Mineral’s CEO Henk van Alphen, “we are very pleased to have him join our team as a Board Member and I look forward to working with him to make new inroads into the fast-growing base of lithium consumers.”

About Stefan Schauss

Mr. Schauss has over 20 years of sales and business development experience, with a particular focus in recent years on the integration of EV infrastructure in both residential and industrial areas. He has also served in product management and business development roles for several companies regarding semiconductors, integrated circuits, and other electronic goods.

Mr. Schauss is currently an independent consultant, and prior to that he was head of sales for Gildemeister Energy Storage GmbH, Austria, which was a world-leader in development of vanadium redox flow batteries. Mr. Schauss has a MSc. Physics from The University Mainz, Germany.

Concurrent with Stefan Schauss joining the Wealth Board of Directors, James M. Dawson is stepping down from his director seat. The Company’s thanks Mr. Dawson for his contribution to Wealth in its formative years and wishes him well in his future endeavours.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Canada, Mexico, Peru and Chile. The Company’s main focus is the acquisition of lithium projects in South America. To date, the Company has positioned itself to develop the Aguas Calientes Norte, Pujsa and Quisquiro Salars in Chile (the Trinity Project), as well as to work alongside existing producers in the prolific Atacama Salar, in addition to the Laguna Verde lithium project acquisition. The Company has also positioned itself to play a role in asset consolidation in Chile with the Five Salars Project.

The Company continues to pursue new acquisitions in the region, the latest of which is the Seven Salars Project and is eager to move the projects forward into production. Lithium market dynamics and a rapidly increasing metal price are the result of profound structural issues with the industry meeting anticipated future demand. Wealth is positioning itself to be a major beneficiary of this future mismatch of supply and demand. The Company also maintains and continues to evaluate a portfolio of precious and base metal exploration-stage projects.

For more information : http://www.wealthminerals.com

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