Wealth Minerals Ltd. (WML) Financings
TSXV: WML · Lithium · Exploration stage
- Market cap$30.6M
- Share price$0.080
- 52-week range$0.060 – $0.160
- Shares outstanding381,938,191
- ExchangeTSXV
- Websitewww.wealthminerals.com
Wealth is a mineral resource company with interests in Canada and Chile. The Company's focus is the acquisition and development of lithium projects in South America. The Company opportunistically advances battery metal projects where it has a peer advantage in project selection and initial evaluation. Lithium market dynamics and a rapidly increasing metal price are the result of profound structural issues with the industry meeting anticipated future demand. Wealth is positioning itself to be a major beneficiary of this future mismatch of supply and demand. In parallel with lithium market dynamics, Wealth believes other battery metals will benefit from similar industry trends.
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Wealth Minerals Ltd. financial statements
Key figures read from 43 of 43 financial statement filings, Oct 31, 2016 to Jul 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$470,901 | C$1,412,674 | C$4,695,793 | C$5,272,191 | C$4,260,508 |
| Short-term investments | C$989,879 | C$1,977,242 | C$370,000 | — | — |
| Total current assets | C$1,746,376* | C$3,707,872* | C$5,814,945* | C$5,620,528* | C$4,947,663* |
| Exploration and evaluation assets | C$1,820,556 | C$2,492,556 | C$43,065,903 | C$43,065,514 | C$41,178,514 |
| Property, plant and equipment | — | — | C$0 | C$6,521 | C$8,337 |
| Total assets | C$3,566,932 | C$6,200,428 | C$55,334,246 | C$55,409,738 | C$51,364,277 |
| Debt | C$491,651 | C$0 | C$40,000 | C$40,000 | C$443,368 |
| Shareholders' equity | C$1,717,346 | C$5,756,535 | C$54,470,684 | C$53,357,908 | C$43,563,853 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$2,258,769 | C$1,988,756 | C$3,682,610 | C$3,762,438 | C$549,996 |
| General and administrative | C$896,123 | C$2,123,747 | C$2,197,721 | C$3,154,721 | C$1,814,112 |
| Share-based compensation | C$440,949 | C$1,506,563 | C$3,655,605 | C$3,422,019 | C$1,735,781 |
| Impairments and write-downs | C$0 | (C$128,195) | — | — | — |
| Net income (loss) | (C$6,027,968) | (C$52,220,282) | (C$10,423,615) | (C$4,660,536) | (C$9,384,436) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$3,094,112) | (C$5,231,689) | (C$7,513,184) | (C$7,058,877) | (C$3,482,595) |
| Investing cash flow | C$522,355 | (C$10,000) | (C$665,000) | C$148,074 | — |
| Financing cash flow | C$1,629,984 | C$1,958,570 | C$7,601,786 | C$7,922,486 | C$13,965,475 |
| Exploration spending (capitalized) | C$0 | (C$10,000) | (C$165,000) | (C$182,000) | — |
| Proceeds from share issues | (C$9,529) | (C$11,430) | (C$15,834) | (C$150,214) | — |
| Cash at end of period | C$470,901 | C$1,412,674 | C$4,695,793 | C$5,272,191 | C$4,260,508 |
Wealth Minerals Ltd. financings
2 financings announced or closed by Wealth Minerals Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-26 | Wealth Minerals Ltd. (WML) | Private placement | Closed, 1 tranche | $1.6M | $0.080 | Wealth Minerals Upsizes Private Placement and Grants Stock Options |
| 2025-09-05 | Wealth Minerals Ltd. (WML) | Private placement, non-brokered | Closed, 1 tranche | $1.0M | $0.050 | Wealth Minerals Announces Private Placement |
Wealth Minerals Ltd. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Wealth Minerals Ltd. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2025-07-03 | Loan, closed / funded | — | C$275,000 | 25%, matures 2027-07-03 |
| 2021-02-24 | Loan, closed / funded | — | C$120,000 | — |
| 2019-07-15 | Loan, amended | — | C$266,060 | 8% |
| 2019-03-29 | Loan, signed | 0916445 B.C. Ltd. | C$1.25M | 8% |
| 2019-02-11 | Loan, signed | — | C$1.5M | 8%, matures 2019-03-01 |