Further to the Company's news releases dated March 27, 2020 and March 30, 2020, the Company is pleased to announce the completion of the first tranche of the private placement offering in the amount of $133,059.99. The Company will pay a finder's fee of $735 in cash commission and 21,000 broker's warrants. The securities distributed under the offering will be subject to a 4 month and 1 day hold period expiring on August [...]
East Asia Minerals Corp. - Further to the Company's news release dated March 27, 2020, the Company has announced the increase to the offering to raise up to $300,000 from the sale of 8,571,429 units at $0.035 per unit . Each unit is comprised of one common share and one share purchase warrant exercisable for a term of two years for the purchase of an additional common share at the prices of $0.06 per common share. The [...]
East Asia Minerals Corp. is pleased to announce a private placement offering to raise up to $250,000 from the sale of 7,142,857 units at $0.035 per unit. Each unit is comprised of one common share and one share purchase warrant exercisable for a term of two years for the purchase an additional common share at the prices of $0.06 per common share. Finder's fees may be payable to qualified individuals comprised of shares [...]
East Asia Minerals Corp. is pleased to announce that it has entered into an investor relations agreement with Jemini Capital to provide strategic investor relations and financial communications services. Jemini Capital is a full-service merchant bank advisory firm based in Canada and has extensive experience assisting various aspects of start up natural resources and tech companies. Their services include strategic [...]
East Asia Minerals Corp. reports that its board of directors has approved the settlement of up to $339,623.66 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, the Company would issue up to 6,792,473 common shares of the Company at a deemed price of $0.05 per Share to a creditor of the Company, being the service company of the Chairman and CEO of the Company The issuance of [...]
East Asia Minerals Corp. is pleased to announce it has arranged a private placement offering of 6,550,000 common shares at $0.05 per common share for an aggregate amount of CDN$327,500. To complete the license upgrade on our Sangihe project, to Operation Production status, the Company must complete the Environmental Impact Assessment meeting which will authorize the issuance of the environmental permit. The proceeds of [...]
East Asia Minerals reports that its board of directors has approved the settlement of up to $165,748.61 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue up to 3,314,972 common shares of the Company at a deemed price of $0.05 per Share to certain creditors of the Company, including certain directors and officers Further to the news release dated August [...]
East Asia Minerals is pleased to announce that further to the news release from September 13, 2019, East Asia Minerals subsidiary, PT. Tambang Mas Sangihe or "TMS" has had its detailed works program & business plan approved by Ministry of Energy and Mineral Resources at an open meeting attended by TMS and representatives of both Provincial and Central mines departments. The Ministry of Energy and Mineral Resources and [...]
Vancouver, British Columbia - TheNewswire - September 13, 2019 - East Asia Minerals Corp. is pleased to announce that the Company has received Tata Ruang approval at an open meeting in Manado on Tuesday, September 11, 2019. The Agreement to the Tata Ruang was signed by a number of government departments including Forestry, Environment, Finance, Mining, Tax and Community Affairs. All of these departments were highly [...]
East Asia Minerals Corp.. reports that its board of directors has approved the settlement of up to $50.000 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue up to 666,667 common shares of the Company at a deemed price of $0.075 per Share to certain creditors of the Company, including certain directors and officers The issuance of the Shares to the [...]
August 28, 2019 - TheNewswire - Vancouver, British Columbia - East Asia Minerals Corporation is pleased to announce that it has entered into a loan facility agreement providing up to $23 million in working capital for the final development stages of the Company's Sangihe Project. CEO Terry Filbert said: "The proposed loan facility agreement will enable us to begin exploration and infill drilling of the Binebase/Bawone [...]
Share Sale by Terry Filbert CEO and Chairman Vancouver, British Columbia - TheNewswire - August 21, 2019 - East Asia Minerals advises that in order to maintain the momentum on completing the Sangihe Production License approval, CEO Terry Filbert has recently elected to sell shares and loan the net proceeds to the company in order to pay expenses that are necessary in the final stages of the production license approval for [...]
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