Wealth Minerals Ltd. announced that Mr. Timothy McCutcheon has been appointed President of the Company, effective immediately. Henk van Alphen has resigned as President, but will remain as the Chief Executive Officer. Mr. McCutcheon is a mining and finance professional with over 20 years of international business experience. He has led several mining development companies with assets in Russia, Slovakia and Ghana. Mr. McCutcheon has served as an advisor to a wide range of natural resource companies, playing key roles in administration and capital market strategy. Prior to moving to the mining sector, Mr. McCutcheon worked in multiple financial institutions such as Bear Stearns, Aton Capital and Pioneer Investments as an award-winning metals and mining sector analyst and as an investment banker.