Vancouver, British Columbia - TheNewswire - June 20, 2019 - East Asia Minerals Corporation. would like to announce that further to its news release on April 29, 2019, the Company increased the private placement offering from 4,166,667 units at $0.06 per common share to 6,761,333 units for an aggregate amount of $405,680. The Company has closed its second and final tranche of 5,261,333 units for total proceeds of $315,680 [...]
East Asia Minerals Corporation. is pleased to announce an increase in the private placement announced April 29, 2019 of up to $250,000 consisting of 4,166,667 units at $0.06 per Unit . The Company has completed the final tranche of the private placement offering of 5,261,333 units for aggregate proceeds of $316,680. The Company will pay a finder's fee of $21,248. The securities distributed under the offering will be [...]
East Asia Minerals Corp.. reports that its board of directors has approved the settlement of up to $179,000.000 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue up to 3,570,000 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 The issuance of the Shares to the [...]
East Asia Minerals Corp.. is pleased to announce that it has entered into a credit listing arrangement with Optimize Capital Markets of Toronto to secure a credit facility loan for up to USD$5,000,000 which will be approximately CAD$6,500,000. The Company is offering up to 20 Secured Promissory Notes with a face value of USD$250,000 each . The minimum amount of the offering and first closing will occur upon the receipt of [...]
- East Asia Minerals Corporation is pleased to provide an year end report and update on current exploration activities for our Sangihe gold project in Indonesia. SANGIHE PROJECT The technical accomplishments and developments of 2018 were as follows: 1) Completion and submission of the AMDAL Study for the Sangihe Project to the Environmental Commission in Quarter 2 of 2018. The AMDAL Study is the Indonesian equivalent of [...]
East Asia Minerals Corporation announces that the Company has completed the final tranche of the private placement with an offering of 4,890,000 units for total proceeds of $244,500. There are no finders' fees payable for this tranche. All of the securities distributed under the offering are subject to a four-month hold period expiring March 14, 2019. The Company CEO, Terry Filbert, participated in this final tranche for [...]
Vancouver, British Columbia / TheNewswire / October 12, 2018. East Asia Minerals Corporation announces that the Company has completed the 3rd tranche of the private placement offering of 7,361,400 units for total proceeds of $368,070. The Company will pay finders' fees in the total amount of $750 and 15,000 brokers warrants. All of the securities distributed under the offering are subject to a four-month hold period [...]
East Asia Minerals announces that the Company has completed the 2nd tranche of the private placement offering of 5,680,000 units for total proceeds of $284,000. The Company will pay finders' fees in the total amount of $21,250 and 390,000 brokers warrants. All of the securities distributed under the offering are subject to a four-month hold period expiring January 14, 2019. The Company also wishes to announce that it is [...]
East Asia Minerals Corp. re-announces its private placement of up to $2,000,000 consisting of 40,000,000 units at $0.05 per Unit where each Unit consists of one common share in the capital of the Company and one share purchase warrant . Each Warrant shall entitle the holder to purchase one additional common share in the capital of the Company at a price of $0.10 per Warrant Share for a period of 2 years from the closing [...]
East Asia Minerals Corp. is pleased to provide shareholders with an update on the Indonesian Feasibility Study and the credit facility for up to $15 million .. The Company has completed and submitted the Indonesian Feasibility Study on the Sangihe project to the Indonesian Ministry of Energy and Mineral Resources and once approved, construction of the mining facilities and infrastructure can begin at the Sangihe Project [...]
East Asia Minerals Corp. announces that it has granted an aggregate amount of 3,298,572 stock options to directors, management, employees and consultants 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 $0.05 for a five-year period. Further [...]
$17.5 MILLION CREDIT FACILITY July 19, 2018 Symbol: EAS Vancouver, British Columbia / TheNewswire / - East Asia Minerals Corp. is pleased to provide shareholders with an update on the $17.5 Million credit facility structure in cooperation with Montreal based Isatis Capital Group Inc . Isatis has successfully completed the due diligence process for the $17.5 million credit facility agreement which was announced at the [...]
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