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East Africa Metals Inc. (EA1.F)

0.0885

+0.0110

+(14.19%)

At close: January 10 at 2:48:17 PM GMT+1

East Africa Metals Announces Closing of Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - January 10, 2025) - East Africa Metals (TSXV: EAM) ("East Africa Metals" or the "Company") announces that it has closed a non-brokered private placement, of shares in the amount CAD$500,000. The Company issued 3,333,333 common shares at a price of CAD$0.15 per share, for gross proceeds of CAD$500,000.The private placement involves an investment by a strategic investor, reflecting confidence in the Company's African assets and growth prospects. All s

Newsfile yesterday

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East Africa Metals Engages with JinJiu For the Development of the Magambazi/Handeni Mining Project in Tanzania

Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - East Africa Metals (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce the Company is currently working to develop a Memorandum of Understanding (MOU) with JinJiu Hong Kong International Investment Ltd. ("JinJiu") for the development of the Magambazi mining project in Tanzania. In October 2020, the Company signed a Share Purchase Agreement and Gold Purchase Agreement an with a Tanzanian private company, ...

Newsfile 5 months ago

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East Africa Partner Tibet Huayu Initiates the Procurement Process for Mining Equipment at the Mato Bula and Da Tambuk Mine Development Projects, Tigray Regional State, Ethiopia

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - East Africa Metals (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce that the Company's development partner Tibet Huayu Mining Co Ltd. ("Tibet Huayu") has initiated the procurement process for heavy equipment required for the construction of the Adyabo Project's Mato Bula and Da Tambuk mines, located in the Tigray Regional State of Ethiopia.Equipment required for the mine construction and mining operations ..

Newsfile 6 months ago

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East Africa Metals Completes Crucial Step to Advance the Mato Bula and Da Tambuk Mining Development Projects, Tigray, Ethiopia

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") has completed the negotiations of the Relocation Action Plan ("RAP") to allow the mine development activities to begin at the Mato Bula and Da Tambuk projects in the Tigray Regional State, Ethiopia.The completion of the RAP is a crucial step for mining projects in Ethiopia, a critical process to ensure that any displacement of ...

Newsfile 6 months ago

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East Africa Metals Signs Drilling Contract to Initiate the Mato Bula Extension Drill Program Targeting the Halima Hill Prospect Within Mato Bula Mining License, Tigray, Ethiopia

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") is pleased to announce the Company has engaged Kluane Drilling Ltd. to advance the Mato Bula Extension drill program beginning with testing of the Halima Hill prospect.The Mato Bula Extension drill program will target prospective geology south of the known Mato Bula resource, as defined by an induced polarization ("IP") anomaly representing the extension ...

Newsfile 6 months ago

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East Africa Metals Advances Mine Development Through the Final Permitting with Community Engagement

Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") and our development partner, Tibet Huayu Mining Co., Ltd. ("Tibet Huayu"), are pleased to inform about the progress of our 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 ...

Newsfile 7 months ago

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East Africa Metals Announces Closing of Oversubscribed Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 31, 2024) - East Africa Metals Inc. (TSXV: EAM) (FSE: EA1) ("East Africa" or the "Company") announces that it has closed the second tranche of its non-brokered private placement (the "Private Placement") of units of the Company, as previously announced on March 3, April 5 and May 3, 2024. Due to increased demand, the Company increased the size of the Private Placement to a total gross proceeds of ...

Newsfile 7 months ago

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East Africa Metals Receives Extension of Mine Development Periods for Mato Bula, Da Tambuk and Terakimti Projects

Vancouver, British Columbia--(Newsfile Corp. - May 24, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") is pleased to announce it has received formal notification from the Ethiopian State Minister of Mines of the approval for an extension 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 extensions of these mine development ...

Newsfile 7 months ago

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East Africa Metals Prepares to Test High Priority Drill Targets Including Halima Hill at the Adyabo Project, Ethiopia

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") is pleased to update that the Company will continue to explore highly prospective areas in the immediate vicinity of the known Mato Bula Gold Copper ("Mato Bula") and Da Tambuk Gold ("Da Tambuk") deposit areas. The contents of this disclosure outlines the Company's exploration strategy for assessing the areas through further targeted and staged ...

Newsfile 7 months ago

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East Africa Metals Announces Tibet Huayu Moving Forward with Mine Development Programs at the Mato Bula and Da Tambuk Mines, Ethiopia

Vancouver, British Columbia--(Newsfile Corp. - May 10, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") are pleased to announce 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. ("Tibet Huayu"), 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 ...

Newsfile 7 months ago

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Performance Overview

Return	EA1.F	S&P/TSX Composite index
YTD	+26.43%	+0.60%
1-Year	+60.91%	+18.10%
3-Year	-48.55%	+17.47%

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East Africa Metals Inc. (EA1.F)

East Africa Metals Announces Closing of Non-Brokered Private Placement

East Africa Metals Engages with JinJiu For the Development of the Magambazi/Handeni Mining Project in Tanzania

East Africa Partner Tibet Huayu Initiates the Procurement Process for Mining Equipment at the Mato Bula and Da Tambuk Mine Development Projects, Tigray Regional State, Ethiopia

East Africa Metals Completes Crucial Step to Advance the Mato Bula and Da Tambuk Mining Development Projects, Tigray, Ethiopia

East Africa Metals Signs Drilling Contract to Initiate the Mato Bula Extension Drill Program Targeting the Halima Hill Prospect Within Mato Bula Mining License, Tigray, Ethiopia

East Africa Metals Advances Mine Development Through the Final Permitting with Community Engagement

East Africa Metals Announces Closing of Oversubscribed Non-Brokered Private Placement

East Africa Metals Receives Extension of Mine Development Periods for Mato Bula, Da Tambuk and Terakimti Projects

East Africa Metals Prepares to Test High Priority Drill Targets Including Halima Hill at the Adyabo Project, Ethiopia

East Africa Metals Announces Tibet Huayu Moving Forward with Mine Development Programs at the Mato Bula and Da Tambuk Mines, Ethiopia

Performance Overview