VANCOUVER, BC--(Marketwired - January 17, 2017) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") East Africa announces that SinoTech (Hong Kong) Corporation Limited, an insider of the Company, has agreed to provide an unsecured loan to the Company in the amount of $500,000 at an interest rate of 12% per annum. The loan and all accrued and unpaid interest (non-compounding) is payable upon the [...]
VANCOUVER, BC--(Marketwired - January 09, 2017) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to provide the following updates on the Company's activities: Exploration and Drill Program At the Harvest Project, additional diamond drilling has been conducted at the VTEM09, Mayshehagne and Lihamat prospects in the last quarter of 2016, with analyses anticipated in the first quarter [...]
VANCOUVER, BC--(Marketwired - December 12, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to provide an update on its previously announced financing (see news release, November 2, 2016). East Africa has received confirmation from Shandong Tyan Home Co. Ltd. ("STH") that it has completed legal, financial and technical due diligence, and that the subscription agreement to [...]
VANCOUVER, BC--(Marketwired - November 02, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce the signing of a Letter of Intent with Shandong Tyan Home Co., Ltd. (the "Purchaser" or "STH"), a listed public company of China, to provide equity finance to the Company. This Agreement will allow the Company to advance its exploration assets located in the Federal Republic [...]
VANCOUVER, BC--(Marketwired - October 05, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") wishes to announce the Company's development partner, Tanzanian Goldfields Limited ("Tanzanian Goldfields" or the "Developer"), has advised East Africa development activity has been initiated at the Magambazi Project located in the Handeni region of the United Republic of Tanzania ("Tanzania [...]
VANCOUVER, BC--(Marketwired - August 23, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report that long time shareholder SinoTech (Hong Kong) Corporation Limited ("SinoTech") has elected to exercise 3,500,000 warrants at a price of $0.23 realizing $805,000 CDN for the Company. The exercise will bring SinoTech's total holdings to 37,788,062 or 32.1% of the Company [...]
VANCOUVER, BC--(Marketwired - August 11, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce the Company has filed the mine permitting application for the Terakimti Oxide Gold Project (the "Terakimti Project") at the Company's 70% owned Harvest Project located in the Tigray region of Ethiopia. Final draft documents have been approved by the Board of the Harvest Joint [...]
VANCOUVER, BC--(Marketwired - August 03, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report that Tanzanian Goldfields Limited ("Tanzanian Goldfields"), the Company's partner in Tanzania and Developer of the Magambazi Project, has appointed Mr. Gareth Taylor as General Manager for Tanzanian Goldfields. Mr. Taylor has extensive experience in deep level, intermediate [...]
VANCOUVER, BC--(Marketwired - July 13, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company" or "EAM") is pleased to report on an anticipated active Fall 2016 program on the development and exploration fronts, as the Company looks to address corporate objectives including; the completion of mine permitting, closing of project financing, and the initiation of development for the Terakimti Gold [...]
VANCOUVER, BC --(Marketwired - July 05, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report the initial results of ongoing column leaching test work for the Terakimti Gold Project in the Federal Republic of Ethiopia. Results received to date from the first column leach test demonstrate excellent gold extractions have been achieved as indicated by the rapid recovery of [...]
VANCOUVER, BC--(Marketwired - June 29, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce the Company has initiated the mine permitting process for the Terakimti Oxide Gold Project at the Company's 70% owned Harvest Project located in the Tigray region of Ethiopia. The recent metallurgical test work results combined with previously disclosed technical information [...]
VANCOUVER, BC--(Marketwired - June 24, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC. A total of 46.2 million common shares, representing approximately 44.96% of the Company's issued and outstanding common shares, were voted in connection with the meeting. East Africa shareholders voted [...]
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