Dec 4 (Reuters) - Trimetals Mining Inc TMI.TO :
* PRESS RELEASE - TRIMETALS MINING SIGNS LETTER OF INTENT TO SELL ITS 100% INTEREST IN THE ESCALONES COPPER PROJECT TO WEALTH MINERALS LTD. TO CREATE NEW CHILEAN COPPER FOCUSED COMPANY
* TRIMETALS MINING - EXECUTED LOI WITH WEALTH MINERALS LTD. DIVESTITURE OF CO'S 100% INTEREST IN ESCALONES COPPER PROJECT IN CHILE
* TRIMETALS MINING INC - DIVESTITURE OF INTEREST IN ESCALONES COPPER PROJECT TO A NEWLY FORMED SUBSIDIARY OF WEALTH MINERALS
* TRIMETALS MINING- WEALTH MINERALS WILL HAVE 45 DAY EXCLUSIVITY PERIOD TO COMPLETE TECHNICAL AND LEGAL DUE DILIGENCE ON ESCALONES COPPER PROJECT
* TRIMETALS MINING INC - PRIOR TO SPIN OUT, WEALTH COPPER IS TO RAISE AT LEAST CDN$5.0 MILLION IN FUNDING
* TRIMETALS MINING INC - TMI IS TO HOLD 30% OF SHARES OF WEALTH COPPER POST-FUNDING
* TRIMETALS MINING - WILL ALSO BE ENTITLED TO NOMINATE ONE REPRESENTATIVE TO WEALTH COPPER'S BOARD FOR SO LONG AS TMI HOLDS AT LEAST 20% OF SHARES
* TRIMETALS MINING INC - WILL ALSO HAVE A RIGHT TO PARTICIPATE IN FUTURE EQUITY FINANCINGS OF WEALTH COPPER FOR UP TO TWO YEARS POST-CLOSING