East Africa Metals Inc.

East Africa Metals Inc. is pleased to announce it has received Draft Model Agreements from the Ministry of Mines, Petroleum and Natural Gas for the Company’s Mato Bula and Da Tambuk Projects, located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia . The delivery of the DMAs indicates the Ministry has approved the permit application and advanced the permitting process to the next [...]

East Africa Metals Inc. would like to provide an update on the development of its Ethiopian Projects in the Federal Democratic Republic of Ethiopia and the arbitration hearing related to its Tanzanian assets. Financing With the completion of the Preliminary Economic Assessments for the Terakimti Gold Heap Leach project , Mato Bula Gold Copper and Da Tambuk Gold projects, East Africa is now focused on arranging the [...]

East Africa Metals Inc. is pleased to announce it has received approval from the Ethiopian Ministry of Mines, Petroleum and Natural Gas for the Environmental and Social Impact Assessments for the Mato Bula Gold Copper and Da Tambuk Gold Projects. EAM’s President and CEO Andrew Lee Smith said: “The approval of the two project ESIA reports is a major step in the mine permitting process. The comprehensive ESIAs [...]

VANCOUVER, British Columbia, July 13, 2018 -- East Africa Metals Inc. announces the issuance of 125,000 previously approved bonus common shares to an executive of the Company. In 2016, the Company’s Board of Directors approved the grant of up to 2,750,000 bonus common shares certain officers of the Company, subject to certain conditions including the issue of mining license for the Company’s Harvest project [...]

East Africa Metals has granted an aggregate of 15,900,000 stock options to certain directors, officers, employees and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.22 per share and an expiry date of June 29, 2023. The options will vest immediately and are subject to the approval of the TSX Venture Exchange. Additional information about East Africa can be viewed at [...]

East Africa Metals Inc. announces voting results from its Annual Meeting of Shareholders held today in Vancouver. A total of 62,329,801 common shares, representing approximately 38.30% of the Company's issued and outstanding common shares were voted in connection with the meeting. East Africa shareholders voted overwhelmingly in favour of all items of business, including the election of each director nominee as follows [...]

VANCOUVER, British Columbia, June 12, 2018 -- East Africa Metals Inc. announces that it has filed with the Canadian securities regulators, three separate NI 43-101 Technical Reports each with an effective date of April 30, 2018, in support of the Preliminary Economic Assessment Reports for the Mato Bula Gold-Copper Project, Terakimti Heap Leach Gold Project and Da Tambuk Underground Gold Project, all located in the [...]

VANCOUVER, B.C., June 01, 2018 -- East Africa Metals Inc. announces that the Company and SinoTech Corporation Limited , an insider of the Company, have signed a second extension of the maturity date for the related party loan entered into in September 2017. On September 1, 2017, the Company announced that SinoTech had agreed to provide an unsecured loan to the Company in the amount of $600,000. The loan carried an [...]

VANCOUVER, British Columbia, May 25, 2018 -- East Africa Metals Inc. is pleased to update that the Company has filed with the Ethiopian Ministry of Mines, Petroleum, and Natural Gas , responses to comments received in relation to the Mato Bula and Da Tambuk Mining Licence Applications submitted to the Ministry in December 2017 . The Mato Bula Gold Copper and Da Tambuk Gold Projects are both part of the Company’s [...]

VANCOUVER, British Columbia, May 07, 2018 -- East Africa Metals Inc. is pleased to update that the Company will continue to explore highly prospective areas in the immediate vicinity of the known Terakimti Gold , Mato Bula Gold Copper deposit areas, and below outlines its exploration strategy for actively assessing the areas through further targeted and staged exploration. This work will be concurrent with on-going [...]