Business
Wealth Minerals Announces Engagement of Investor Relations Consultant and Comments on Promotional Activities
VANCOUVER, British Columbia, May 17, 2018 (GLOBE NEWSWIRE) -- Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSXV:WML) (OTCQX:WMLLF) (SSE:WMLCL) (Frankfurt
About this update from Wealth Minerals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, May 17, 2018 (GLOBE NEWSWIRE) -- Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSXV:WML) (OTCQX:WMLLF) (SSE:WMLCL) (Frankfurt:EJZN) announces that it has entered into an agreement dated May 15, 2018 (the “FMT Marketing Agreement”), whereby it has engaged Future Money Trends, LLC (“FMT”) for a period of one year at the aggregate cost of $250,000 to provide financial publishing and digital marketing services to the Company. Pursuant to the FMT Marketing Agreement, FMT will raise public awareness of the Company (including its social media presence) and will promote the Company’s business. The Company also announces that has become aware that FMT engaged in certain promotional activities prior to the date of the FMT Marketing Agreement, namely a letter to readers from FMT entitled “Don’t Miss the Green Energy BOOM!” and a letter to the readers from CrushTheStreet.com entitled “Doubling Down on a Major Lithium Sale” that were published on or about May 13, 2018 (collectively, the “FMT Promotional Materials”). The Company understands that the FMT Promotional Materials were published in advance of the Company entering into the FMT Marketing Agreement. The Company understands that the FMT Promotional Materials were aimed at increasing investor awareness of the Company. The Company did not have editorial control over the FMT Promotional Materials and believes that any statements contained therein relating to the potential future value of the Company’s securities or the performance thereof may be misleading. The Company cautions readers that forward-looking statements and information are not guarantees of future results or performance, and that actual results may differ materially from those contained in forward-looking statements as a result of risks and other various factors, particulars of which are set out below. Going forward, the Company expects to be able to exercise editorial control over any promotional and/or investor communication materials prepared by FMT, including to the extent that such materials speak to the Company’s securities and the potential future value or performance thereof. As a result of the FMT Marketing Agreement, the Company has now entered into agreements for the provision of investor, public relations and marketing services with Zacks...