NEW YORK and MONTREAL, Aug. 26, 2011 /PRNewswire/ – Canwealth Minerals
Corporation and partner ICBS Ltd., (OTCPK: ICBT), announced today final acquisition of the remaining 6 claims for the
Highland Gold property located in the Abitibi Temiscamingue region of
Northern Quebec. This brings the total amount of claims to 243 and
brings the total amount of acres under management to 35,087.

The Highland gold property is located in the Townships of Dalet and
Poirier approx. 76 km north of Amos Quebec in the prolific Abitibi
Greenstone Belt of the Grenville Province. The claim is 100% owned by
Canwealth Minerals Corporation. A ground geophysical survey and a grab
sample program has been planned and will commence immediately. In the
following weeks based on the assay results primary targets will be
identified and drilling will begin by mid to late September. Based on
historical data of the surrounding area. This orogenic geological
structure is considered a highly favorable site for exploration of gold
and copper. Past surface grab sampling have indicated significant
results for gold and copper.

Canwealth Minerals Corporation is a gold and base metals exploration
company with registered claims with the Ministère des Ressources
Naturelles et de la Faune

The main thrust of the exploration will to be focused on sites that have
a strong indication of precious and base metals such as Gold, Silver,
Copper and PGE.

The company’s current strategic direction is to seek out
properties/claims known to have high value Gold targets which will lead
rapidly to the advanced exploration and development stages.

The company’s current strategic direction is, to seek out
properties/claims known to have high value mineral targets which will
lead rapidly to the advanced exploration and development stages.

Legal Notice Regarding Forward-Looking Statements:

Safe Harbour: This press release contains forward-looking information
within the meaning of section 27A of the Securities Act of 1933 and
section 21E of the Securities Exchange Act of 1934 and is subject to
the Safe Harbour created by those sections. This material contains
statements about expected future events and/or financial results that
are forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of ICBS Limited, to be materially different
from the statements made herein.

SOURCE Canwealth Minerals Corporation