VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 24, 2013) - East Africa Metals Inc. (TSX VENTURE:EAM) is pleased to announce that its wholly owned Tanzanian subsidiary, Canaco Tanzania Limited (CTL), is the 2012 recipient of the Presidential Award on Corporate Social Responsibility and Empowerment. The award was organized through the Tanzanian Ministry of Energy and Minerals through the Extractive Industry Stakeholders [...]
East Africa Metals has granted an aggregate of 5 million stock options to certain directors, officers, employees and consultants pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.135 per share and an expiry date of August 19, 2018. About East Africa Metals The Company's principal asset is the Handeni Property located in north-eastern Tanzania and covers an area of approximately 97 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 8, 2013) - East Africa Metals Inc. ("East Africa Metals") (TSX VENTURE:EAM) today announced that it has won a hearing before the British Columbia Securities Commission (the "BCSC") regarding certain infill drill result disclosures made by a predecessor company, Canaco Resources Inc. (the "Company"), in December 2010. Following an 11-day hearing in January 2013, a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 10, 2013) - East Africa Metals Inc. ("EAM" or the "Company") (TSX VENTURE:EAM) is pleased to announce that it has received final acceptance for listing from the TSX Venture Exchange. Effective at the opening of trading on Thursday, July 11, 2013, the common shares of the Company will commence trading on the TSX Venture Exchange under the trading symbol EAM. The Company's [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/08/13 -- East Africa Metals Inc. today announced that a lawsuit filed against it for a finder's fee is without merit and it plans a vigorous defense against it.
East Africa and Orca Gold Inc. were served today with a notice of civil claim related to a $1.6 million private placement financing concluded in 2009 by Canaco Resources Inc. (now named Orca Gold Inc.). The [...]
East Africa Metals has filed an early warning report advising of its holdings in Tigray Resources Inc.. On April 19, 2013, EAM acquired 8,000,000 units of the Company, with each Unit consisting of one common share of the Company and one-half of one common share purchase warrant of the Company by way of private placement at a price of $0.15 per Unit for an aggregate purchase price of $1,200,000. Following the acquisition [...]
Orca Gold Inc. (formerly Canaco Resources) is pleased to announce that it has acquired all of the outstanding common shares of Shark Minerals in exchange for the issuance of 118,584,735 of its common shares pursuant to the previously announced share purchase agreement between Canaco, Shark and the shareholders of Shark dated December 14, 2012. In connection with the Acquisition, Orca Gold completed a share consolidation [...]
Canaco today announced it has entered into a binding share purchase agreement dated December 14, 2012 whereby Canaco is expected to acquire all of the outstanding common shares of Shark Mineralsin exchange for common shares of Canaco, conditional upon, among other things, certain assets of Canaco being spun out to a new company to be held pro rata by current Canaco shareholders (the "Spinout Transaction" and, together [...]