Wealth Arranges Non-Brokered Private Placement and Debt Settlement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 21, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA U.S. NEWSWIRE SERVICES.

Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSX VENTURE:WML)(OTCQX:WMLLF)(FRANKFURT:EJZ), announces that it has arranged a non-brokered private placement of up to 2,000,000 units (the "Units") at a price of CAD 0.08 per unit for gross proceeds of up to $160,000 (the "Offering"). The Company has also entered into an agreement to settle $100,000 of debt through the issuance of common shares at a price of $0.08 per share.

Private Placement

The Company has arranged a non-brokered private placement of up to 2,000,000 Units at $0.08 per Unit. Each Unit consists of one common share of the Company ("Share") and one transferable common share purchase warrant ("Warrant"). Each Warrant is exercisable to acquire one additional Share for a period of 12 months from closing at an exercise price of $0.10. If, at any time from 4 months after closing until the expiry of the Warrants, the daily volume-weighted average trading price of the Shares on the TSX Venture Exchange exceeds $0.50 for at least 10 consecutive trading days, the Company may, within 30 days, give an expiry acceleration notice to the holders of Warrants and, if it does so, the Warrants will, unless exercised, expire on the 30^th day after the expiry acceleration notice is given.

All securities issued in the Offering will have a hold period in Canada of four months from the closing of the Offering. All securities issued in the Offering in the United States will be subject to resale restrictions under U.S. federal and state securities laws.

The net proceeds from the Offering are intended to be used to settle certain outstanding accounts payable, fund the investigation and acquisition of additional mineral projects for the Company and for general working capital.

Debt Settlement

The Company has also arranged to settle the sum of $100,000 owing to Hendrik Van Alphen, the President of the Company, by the issuance of 1,250,000 common shares at a deemed price of CAD 0.08 per share. The funds have been advanced by Mr. Van Alphen, commencing in November 2012, and have been used by the Company for working capital. These securities will be subject to a hold period of four months from the date of issuance.

Completion of the private placement and debt settlement are subject to the acceptance for filing thereof by the TSX Venture Exchange.

The foregoing securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Wealth Minerals Ltd.

Wealth is an early stage mineral exploration company with listings on the TSX Venture and Frankfurt Stock Exchanges.

On Behalf of the Board of Directors of

WEALTH MINERALS LTD.

Hendrik van Alphen

President & CEO

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

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the anticipated completion of a private placement and debt settlement, the anticipated use of the net proceeds of such private placement, the ability of the Company to acquire new mineral projects, whether in Mexico or elsewhere, the timing of future activities by the Company and the anticipated business plans of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company or any of its joint venture partners are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required for its or their activities, the inability of the Company to produce minerals from their properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

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.