East Asia Minerals is pleased to provide an update on current exploration activities relating to the ongoing Indonesian Feasibility Study (IFS), AMDAL Environmental report status, geotechnical and metallurgical work being conducted at its Sangihe gold property in Indonesia. The company's focus is on completing Indonesian Feasibility Study (IFS) and AMDAL Environmental reports as once they are submitted and accepted by the [...]
East Asia Minerals announces that it has retained 091377 BC Ltd. of Vancouver, BC to provide strategic investor relations and financial communications services. Under the terms of the agreement, East Asia Minerals will pay 091377 BC Ltd. a monthly retainer fee of $5,000 for select strategic communications services. The contract term commences immediately and shall expire on December 31, 2017 subject to renewal. Neither [...]
East Asia Minerals is pleased to announce the appointment of Mr. Juangga Mangasi Mangunsong as Indonesian Country Manager, as of August 1, 2017, to manage the Indonesian operations and develop the mining assets of both the Sangihe and Miwah properties in Indonesia. Juangga obtained his mining engineering degree from the Institute of Technology of Bandung, Indonesia. He brings to the Company more than 20 years of extensive [...]
East Asia Minerals announces that it has granted an aggregate amount of 250,000 stock options to consultants and independent directors of the company in accordance of the provisions of the company's stock option plan, subject to approval of the TSX Venture Exchange. Each option entitles the holder to purchase one common share of the company at an exercise price of $0.28 for a five-year period. For further information [...]
East Asia Minerals announces that it has received approval from the TSX Venture Exchange to amend the exercise price of 5,594,053 outstanding common share purchase warrants of the Company issued to Tocqueville Asset Management L.P. The Warrants were originally issued in 2014 and 2015. The exercise price of the share purchase warrants has been amended from $1.00 per common share to $0.50 per common share. In accordance [...]
East Asia Minerals announces that Mining Associates has provided an updated resource estimate for East Asia Mineral's Binebase-Bawone gold deposit at the Sangihe Project. The Sangihe Project is a 42,000 hectare tenement on Sangihe Island, Sulawesi, Indonesia, located in the volcanic island arc that extends northwards over 400 km from the north eastern arc of Sulawesi to Mindano in the southern Philippines. Both oxide and [...]
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2017) - East Asia Minerals Corp. (TSXV: EAS) (the "Company"), CEO, Terry Filbert provides a report after his initial trip to Indonesia. A team has been secured to bring the Sangihe project to the production license stage. Our efforts include the hiring of Frank Rocca as chief geologist. Mr. Rocca previously worked on both the Sangihe and Miwah projects for the [...]
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2017) - East Asia Minerals Corp. (TSXV: EAS) ("East Asia" or the "Company") (the "Company"), provides an update on its properties in Indonesia. At the request of IIROC, East Asia wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Sangihe project [...]
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2017) - East Asia Minerals Corp. (TSXV: EAS) (the "Company"), announces that announces that it has closed a non-brokered private placement of 27,519,668 units of the Company (the "Units") at $0.12 per Unit for gross proceeds of approximately $3,302,360 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of a [...]
East Asia Minerals, announces that it will proceed with a non-brokered private placement of up to 33,333,334 units of the Company at $0.12 per Unit for gross proceeds of up to $4,000,000. Each Unit will consist of one common share in the capital of the Company and one-half of a share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at a price of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 4, 2017) - East Asia Minerals Corp. (the "Company") (TSX VENTURE:EAS) is pleased to announce the appointment of Scott Davis as Chief Financial Officer ("CFO") who replaces Michael Nayyar who has resigned to pursue other opportunities. Mr. Davis, CPA, CA, is a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm focused on providing accounting and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 16, 2017) - East Asia Minerals Corp. (TSX VENTURE:EAS) ("East Asia" or the "Corporation") announces that effective March 17, 2017, the Corporation will consolidate its common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidation common shares held (the "Consolidation"). The consolidated common shares of the Corporation will [...]