お知らせ • Jun 21
East Africa Metals Inc. Announces Appointment of Gang Chen (Aka Asa Chen) as Director East Africa Metals Inc. announced the appointment of Mr. Gang Chen (aka Asa Chen) as a Director of the Company. Mr. Chen was nominated by Anchises Capital Precious Metal Fund LLC, a significant shareholder of the Company, following its investment of CAD 5,522,000 in the Company's recently closed private placement on June 17, 2025. Mr. Chen has extensive experience in mine development across Africa, including expertise in project acquisitions and strategic negotiations. His appointment further strengthens the Board's ability to oversee the Company's strategic initiatives and enhance shareholder value. お知らせ • Jun 18
East Africa Metals Inc. announced that it has received CAD 5.522 million in funding On June 17, 2025, East Africa Metals Inc closed the transaction. All securities issued will be subject to a four-month hold period from the date of issuance. No commissions or finder’s fees will be paid by the company in connection with the private placement. The transaction remains subject to stock exchange approval. The transaction includes participation from new investor, Anchises Capital Precious Metal Fund LLC. The shares represent approximately 18.66% of the outstanding common shares of the company, on an undiluted basis. Prior to the subscription, Anchises did not own any securities of the company. Prior to the subscription, the sole shareholder of Anchises held 3,333,333 common shares of the company, representing approximately 1.52% of the then-outstanding shares of the company on an undiluted basis. Subsequent to the subscription, Anchises and the sole shareholder of Anchises together hold 53,533,333 common shares, representing approximately 19.90% of the outstanding shares of the company, on an undiluted basis. お知らせ • Jun 05
East Africa Metals Inc. announced that it expects to receive CAD 5.522 million in funding East Africa Metals Inc announced a non brokered private placement to issue 50,200,000 common shares at an issue price of CAD 0.11 for the proceeds of CAD 5,522,000 on June 4, 2025. The transaction will involve participation of strategic investor and on closing of the transaction investor will hold 19.9% of the issued and outstanding shares of the company. All securities issued will be subject to a four-month hold period from the date of issuance. No commissions or finder’s fees will be paid by the company. The transaction remains subject to stock exchange approval. お知らせ • Feb 12
East Africa Metals Inc., Annual General Meeting, Apr 17, 2025 East Africa Metals Inc., Annual General Meeting, Apr 17, 2025. お知らせ • Jun 10
East Africa Metals Inc. and Tibet Huayu Mining Co. Ltd. Advances Mine Development Through the Final Permitting with Community Engagement East Africa Metals Inc. and development partner, Tibet Huayu Mining Co. Ltd. announced that the progress of mine development plan, on the heels of receiving formal notification from the Ethiopian State Minister of Mines of the approval for extensions to the mine development period for the Mato Bula, Da Tambuk and Terakimti projects located in the Tigray region of the Federal Democratic Republic of Ethiopia. The Mato Bula and Da Tambuk mining licenses, collectively referred to as the Adyabo Project, are held by Tigray Resources Incorporated PLC ("TRI"), which is owned by Tibet Huayu and East Africa, 70% and 30% respectively. TRI has conducted community meetings in Shire to inform local stakeholders about the details of the mine development plan and to gain their support for the program. These meetings included members of the federal, regional and local government as well as community members with interest in the project development. TRI's presentation was received favourably and local experts, Beles Engineering PLC ("Beles"), were commissioned to evaluate and assess all of TRI's obligations to the local population affected by construction project and to work out adequate compensation, which will be fully borne by Tibet Huayu. Also, TRI is working with the local government administration to finalize compensation for the access road so construction can begin as soon as possible. The Adyabo Project Mato Bula and Da Tambuk deposits are high sulphidation gold rich VMS. This submarine porphyry-related system is located in the southern part of the Arabian-Nubian Shield (ANS) in the Tigray region of northern Ethiopia. Mining licences have been received that cover both deposits on Adyabo, Mato Bula Au-Cu-Ag and Da Tambuk Au. Tibet Huayu Mining Co. Limited is responsible for 100% financing of both Adyabo's Mato Bula and Da Tambuk mine construction costs resulting in a 70% THM and 30% EAM ownership. In April 2018, Preliminary Economic Assessment (PEA) results were released on the Mato Bula Gold Copper and Da Tambuk Gold Projects, indicating strong project economics. お知らせ • May 11
Tibet Huayu Mining Co., Ltd. Moves Forward with Mine Development Programs At the Mato Bula and Da Tambuk Mines, Ethiopia East Africa Metals Inc. announced the development of the Mato Bula and Da Tambuk mines has been initiated. EAM's development partner, the Chinese company Tibet Huayu Mining Co. Ltd., through its wholly owned subsidiary Silk Road Investments Co. Ltd., will bear 100% of the costs of mine construction. The mine development program is operated by the jointly owned company Tigray Resources Inc. ("TRI" - 70% Silk Road, 30% East Africa Metals). Once commercial production begins, East Africa will have the right to a Net Profits Interest ("NPI") equivalent to 30% of the total production (Au, Cu), net of mining and processing costs. Operations at Mato Bula and DaTambuk were suspended during the three-year regional conflict which was ended with the signing of the Pretoria Agreement in November 2023. Since that time, TRI has established a base of operations and staff in the nearby town of Shire. The Shire staff are currently working with local authorities and regional governments to prepare the sites for construction activity. In addition to permitting and approvals, TRI's staff has advanced the mine development agenda through: The revised feasibility study of the project has been completed. The revised study includes detailed design parameters that will see the Mato Bula andDa Tambuk mines now developed simultaneously around a central processing facility. The plans for access road construction has been completed and discussions with the local government ("Werda") to finalize the start of construction are in progress. The commencement of road construction is expected to begin prior to the end of May 2024. Community meetings with all stakeholders have been held and support for the project going forward has been confirmed by the Federal and Regional governments and local community. Ministry of Mines official mining cadastral confirms EAM's mining rights to the Mato Bula and da Tambuk Mining Licenses remain active and in good standing. In addition, planning is in progress for a drill program to test the Halima Hill prospect that lies within the Adyabo Mining License. Drilling is expected to begin prior to The end of second quarter 2024. Mato Bula Gold Copper and Da Tambuk Gold Projects. The Adyabo Project Mato Bula and Da tambuk deposits are high sulphidation gold rich VMS. This submarine porphyry-related system is located in the southern part of the Arabian-Nubian Shield (ANS) in the Tigray region of northern Ethiopia. お知らせ • Mar 04
East Africa Metals Inc. announced that it expects to receive CAD 1 million in funding East Africa Metals Inc announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.10 per unit for aggregate gross proceeds of CAD 1,000,000 on March 2, 2024. Each unit is comprised of one common share and one share purchase warrant. Each warrant entitles the holder to acquire a common share at a price of CAD 0.20 for a period of up to three years. The transaction is subject to approval of the TSX Venture Exchange.
On same date, the company issued 500,000 units at a price of CAD 0.10 per unit for aggregate gross proceeds of CAD 50,000 in its first tranche. The company did not pay any commissions or finder's fees in connection with the First Tranche. お知らせ • Oct 14
East Africa Metals Inc., Annual General Meeting, Dec 15, 2023 East Africa Metals Inc., Annual General Meeting, Dec 15, 2023.