East Africa Metals, Inc. News Releases

East Africa Metals Provides Update on Magambazi Project, Tanzania

Fri, 29 Aug 2025 16:05:00 -0400

Positioning Ubora as Development Partner and Advancing Formal Mining Plan to Enable License Renewal and Initiate Mine Development Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - East Africa Metals Inc. (TSXV: EAM) (FSE: EA1) (OTC Pink: EFRMF) ("East Africa" or the "Company") is pleased to provide an update on the status of its Handeni Properties in Tanzania, including the Magambazi gold deposit.Government Engagement and Third-Party DeveloperSince the suspension of operations at...

East Africa Metals Inc. Announces MOU for the Development of the Magambazi/Handeni Mining Project in Tanzania

Fri, 15 Aug 2025 16:05:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - August 15, 2025) - East Africa Metals Inc. (TSXV: EAM) ("EAM" or the "Company"), is pleased to announce that the Company has entered into a binding Memorandum of Understanding ("MOU") with Ubora Minerals Company Limited ("Ubora") to acquire and develop the Company's Magambazi and Handeni mining project in Tanzania. Ubora is a subsidiary company of Anchises Capital Precious Metal Fund LLC ("Anchises"), which holds 50,200,000 common shares of the...

East Africa Metals Provides Update on Ethiopia Projects and Regional Developments

Tue, 24 Jun 2025 16:05:00 -0400

Extends Marketing Agreement with BullVestor Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - East Africa Metals Inc. (TSXV: EAM) ("EAM" or the "Company") is pleased to provide an update on its Ethiopian gold projects, recent regulatory and geopolitical developments in the Tigray region, and progress made by its partner in advancing key assets toward production.Highlights:Four-year extensions granted for EAM's Adyabo and Harvest mining licenses, through 2028.Renewed engagement by...

East Africa Metals Appoints New Director

Fri, 20 Jun 2025 20:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - East Africa Metals Inc. (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce 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 brings a wealth of...

East Africa Metals Announces Non-Brokered Private Placement

Wed, 04 Jun 2025 17:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - East Africa Metals Inc. (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce a non-brokered private placement to raise gross proceeds of CAD$5,522,000 through the sale of 50,200,000 common shares at the price of CAD$0.11 per share.The private placement involves an investment by a strategic investor, reflecting confidence in the Company's African assets and growth prospects. On closing, the investor will hold...

East Africa Metals Announces A.G.M. Results

Thu, 17 Apr 2025 16:05:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - April 17, 2025) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC.A total of 47,330,789 common shares, representing approximately 21.63% of the Company's issued and outstanding common shares were voted in connection with the meeting. East Africa's shareholders voted overwhelmingly in favor of all items of business, including the...

East Africa Metals Announces Closing of Non-Brokered Private Placement

Fri, 10 Jan 2025 16:05:00 -0500

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...

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

Fri, 26 Jul 2024 16:05:00 -0400

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, PMM...

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

Tue, 02 Jul 2024 03:05:00 -0400

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...

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

Thu, 27 Jun 2024 16:05:00 -0400

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 communities and disruption of...