Wealth Minerals Signs Memorandum of Understanding with Voith Hydro

Vancouver, British Columbia--(Newsfile Corp.

(TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth ...

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Wealth Minerals Signs Memorandum of Understanding with Voith Hydro Newsfile Corp.

July 7, 2025 4 min read WML.V WMLLF Vancouver, British Columbia--(Newsfile Corp.

(TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth") announces that it has entered into a Memorandum of Understanding (the "MOU") with Voith Hydro Holding GmbH & Co KG ("Voith Hydro") to develop the Pabellón Lithium Project (see press releases of February 6, 2025 and March 18, 2025) jointly with the Quechua Indigenous Community of Ollagüe ("CIQO") and further partners.

Under the terms of this MOU, Voith Hydro owns 5% of Wealth`s portfolio of mineral exploration licenses in the area.

The Pabellón Lithium Project and its respective assets, including the mining rights in the area, will be transferred to Kuska Minerals SpA ("Kuska Minerals"), which is 95% owned by the Company and 5% owned by the Quechua Indigenous Community of Ollagüe (see press release of May 27, 2025).

Then a Chilean legal company (the "JV") will be formed whereby Kuska Minerals SpA will own 95% of the Pabellón Lithium Project and Voith Hydro will own the remaining 5%.

Voith Hydro, via this MOU, will bring its know-how and existing partnerships to bear on an application for a CEOL (Special Lithium Operating Contract), which will allow the JV to move forward with potentially developing a lithium recovery circuit on the thermal power generation station "Cerro Pabellón" (see press release of February 6, 2025) subject to reaching an agreement with the existing operator, or eventually developing a separate lithium extraction operation in its mining concessions.