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 [...]
VANCOUVER, BC--(Marketwired - June 22, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report the initial results of ongoing independent metallurgical testwork for the Terakimti Gold Project in Ethiopia. The initial results are positive and support Management's view that industry standard heap leaching technology will be appropriate for the extraction of gold and silver at [...]
VANCOUVER, BC--(Marketwired - June 14, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce an updated independent mineral resource estimate for the Adyabo Project in Ethiopia. The recent 40 x 40 metre spaced infill drill program strategically targeted on the core areas of Inferred Resource gold mineralization at Da Tambuk and Mato Bula (Figure 1). A total of 4,029 [...]
East Africa Metals announces it is undertaking a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per Unit, for gross proceeds of up to $1,000,000. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder thereof to purchase one common share at an exercise price of $0.25 for a [...]
VANCOUVER, BC--(Marketwired - April 19, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") wishes to announce additions to the Company's Project Development Committee as the Company prepares to engage the detailed engineering studies and development plans for its Terakimti Gold Oxide Project in the Tigray Region of Ethiopia. East Africa is pleased to announce the following additions to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 24, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) (the "Company") has granted an aggregate of 1 million stock options to a director pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.10 per share and an expiry date of March 23, 2021. The Company's Board of Directors has also approved of the grant of up to 2,750,000 bonus common shares [...]