EAM.V - East Africa Metals Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.1350
+0.0150 (+12.50%)
At close: 2:49PM EDT
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Previous Close0.1200
Open0.1300
Bid0.1250 x 0
Ask0.1350 x 0
Day's Range0.1200 - 0.1350
52 Week Range0.1150 - 0.2600
Volume49,165
Avg. Volume53,984
Market Cap24.083M
Beta (3Y Monthly)0.18
PE Ratio (TTM)N/A
EPS (TTM)-0.0210
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    East Africa Metals Closes Tibet Huayu Development Financing

    East Africa Metals Inc. (TSX-V: EAM - “East Africa” or the “Company”) is pleased to announce that the Company has closed the transaction under which Tibet Huayu Mining Co., Ltd. (“Tibet Huayu” or “THM”) has purchased a 70% interest in the Company’s Adyabo Project pursuant to the Share Purchase Agreement signed June 28, 2019, as amended August 9, 2019.  The parties are working to complete the formal registration of the transfer of 70% of East Africa’s equity interest in its Ethiopian subsidiary pursuant to Ethiopian laws and regulations (the “Share Transfer Registration”).

  • GlobeNewswire

    East Africa Metals Concludes Agreement for Development Financing

    East Africa Metals Inc. (TSX-V: EAM - “East Africa” or the “Company”) The Company is pleased to announce that, effective August 9, 2019, Tibet Huayu Mining Co. Limited (“Tibet Huayu” or “THM”) and East Africa have agreed and concluded certain documentation for the previously announced Adyabo transaction (see East Africa News Release dated July 2, 2019). With the signing of an amendment to the Share Purchase Agreement executed in June 2019, the parties have agreed all conditions precedent and obligations required for closing under the Share Purchase Agreement have been met or waived and the parties are now proceeding towards formally closing the transaction.

  • The East Africa Metals (CVE:EAM) Share Price Is Up 79% And Shareholders Are Holding On
    Simply Wall St.

    The East Africa Metals (CVE:EAM) Share Price Is Up 79% And Shareholders Are Holding On

    Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make...

  • GlobeNewswire

    East Africa Metals Signs Definitive Agreement for Development Financing

    East Africa Metals Inc. (TSX-V: EAM - “East Africa” or the “Company”) is pleased to announce the Company, through its wholly owned subsidiaries, has executed a definitive Share Purchase Agreement and Joint Venture Contract with Silk Road Resources Investments Co. Limited, a wholly owned subsidiary of Tibet Huayu Mining Co. Limited (“THM”), for the development and operation of the Adyabo Project’s Mato Bula and Da Tambuk deposits located in the Tigray region of the Federal Republic of Ethiopia.

  • GlobeNewswire

    East Africa Grants Options

    VANCOUVER, British Columbia, June 07, 2019 -- East Africa Metals Inc. has granted an aggregate of 6,300,000 stock options to certain directors, officers and consultants.

  • GlobeNewswire

    East Africa Announces Voting Results from Annual Meeting and Changes to Management

    East Africa Metals Inc. (EAM.V) ("East Africa" or the "Company") announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC. East Africa shareholders voted 99.98% in favor to appoint PricewaterhouseCooper LLP as auditors, 99.89% in favor of the amended stock option plan and 99.93% in favor of the proposed Tibet Huayu financing and development of the Terakimti, Da Tambuk and Mato Bula Projects in Ethiopia (See news release dated Feb. 8th, 2019).

  • GlobeNewswire

    East Africa Metals Awarded Mining Licenses for Mato Bula and Da Tambuk Projects, Ethiopia – Revised and Amended

    East Africa Metals Inc. (EAM.V) (“East Africa” or the “Company”) In order to provide clarification of the Company’s May 21, 2019 press release announcing the receipt of government approval of mining licenses for the Mato Bula Gold Copper and Da Tambuk Gold Projects (the “Adyabo Project”) at the Company’s 100% owned Adyabo Project located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia (“Ethiopia”), this revised and amended version is being filed today.

  • GlobeNewswire

    East Africa Metals Provides Corporate Update

    In advance of the upcoming Annual General Meeting (to be held at Suite 1100 – 595 Howe Street, Vancouver, British Columbia, on May 31, 2019 at 10:00 a.m. Pacific Time), the Company is pleased to provide the following update to shareholders. Negotiations with Tibet Huayu Mining Co. Ltd. (“Tibet Huayu”) regarding the sale of up to 70% interest on the granting of licenses (see News Release dated May, 21, 2019) and the Tibet Huayu Project Financing (see News Release dated February 11, 2019). Following the announcement of the approval of the Mining Licences (see News Release dated May 21, 2019), Andrew Lee Smith, the Company’s CEO, attended a signing ceremony on Thursday, May 23, 2019 in Addis Ababa, at which the licences were formally granted to EAM by the Minister of Mines.

  • GlobeNewswire

    East Africa Metals Awarded Mining Licenses for Mato Bula and Da Tambuk Projects, Ethiopia

    East Africa Metals Inc. (EAM.V) (“East Africa” or the “Company”) is pleased to announce the receipt of government approval of mining licenses for the Mato Bula Gold Copper and Da Tambuk Gold Deposits (the “Adyabo Project”) at the Company’s 100% owned Adyabo Project located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia (“Ethiopia”).

  • GlobeNewswire

    East Africa Metals Announces Annual General and Special Meeting to Seek Shareholder Approval for the Financing and Development of the Terakimti, Mato Bula and Da Tambuk Deposits, Ethiopia and Closes Private Placement

    East Africa Metals Inc. (EAM.V) (the “Company” or “East Africa” or “EAM”) is pleased to announce that it has scheduled an Annual General and Special Meeting to be held on May 31, 2019, to seek shareholder approval for the sale of approximately 70% interest in the Company’s Ethiopian assets (See Press Release dated February 8, 2019) to Tibet Huayu Mining Co. Ltd (“Tibet Huayu”). The Company also announces the closing of the non-brokered private placement. The Company is seeking shareholder approval for the proposed transaction with Tibet Huayu (See press release dated February 11, 2019).

  • GlobeNewswire

    East Africa Metals Extends Closing of Private Placement

    East Africa Metals Inc. (EAM.V) (the “Company” or “East Africa”) is pleased to announce the TSX Venture Exchange (“TSXV”) has approved a 30 day extension to the final closing of the non-brokered private placement (the “Private Placement”) of up to 18.75 million (“M”) units (the “Units”) at C$0.16 per Unit for proceeds of up to C$3.0M announced on February 11, 2019.  The Company expects to close on or around April 8, 2019, subject to TSXV approval. On February 28, 2019, the Company announced it had closed the first tranche of the Private Placement to raise C$2.3M and issued 14,543,500 Units.

  • GlobeNewswire

    East Africa Provides Exploration Update

    VANCOUVER, British Columbia, March 01, 2019 -- East Africa Metals Inc. (TSX Venture: EAM) (“East Africa”, “EAM”, or the “Company”) would like to provide an update on the.

  • GlobeNewswire

    East Africa Metals Closes First Tranche Non-Brokered Private Placement for $2.3M

    East Africa Metals Inc. (EAM.V) (the “Company” or “East Africa”) announces that it has closed the first tranche consisting of 14,543,500 units, subject to approval of the TSX-V, for gross proceeds of C$2.3M, of its previously announced non-brokered private placement (the “Private Placement”) for up to 18.75M units at $0.16c per Unit and proceeds of up to $C.3.0M (refer to news release dated February 11, 2019). Each unit will consist of one common share and one common share purchase warrant of the Company. Each warrant will entitle the holder to purchase one common share at an exercise price of C$0.30 per share for a period of 24 months following the closing of the Private Placement.

  • GlobeNewswire

    East Africa Metals Private Placement

    East Africa Metals Inc. (TSX Venture: EAM) (“East Africa”, or the “Company”) would like to provide an update on to the Project Development financing announcement released earlier (see News Releases Dated February 8th and 11th). As part of the overall financing strategy, East Africa is announcing its intention to complete an equity financing by way of a private placement of up to C$3.0M at a price of C$0.16 per unit for 18.75M units. Each unit will consist of one common share and one common share purchase warrant of the Company.

  • GlobeNewswire

    UPDATE: East Africa Metals Executes Binding Letter of Intent with Tibet Huayu Mining for the Financing and Development of the Terakimti, Mato Bula and Da Tambuk Deposits, Ethiopia

    VANCOUVER, British Columbia, Feb. 11, 2019 -- East Africa Metals Inc. (TSX-V: EAM) (“East Africa”, “EAM” or the “Company”) is pleased to provide additional information to the.

  • GlobeNewswire

    East Africa Metals Executes Binding Letter of Intent With Tibet Huayu Mining for the Financing and Development of the Terakimti, Mato Bula and Da Tambuk Deposits, Ethiopia

    VANCOUVER, British Columbia, Feb. 08, 2019 -- East Africa Metals Inc. (TSX-V: EAM) (“East Africa”, “EAM” or the “Company”) is pleased to announce EAM have executed a binding.

  • GlobeNewswire

    East Africa Metals Receives Approval of Mining Agreements for the development and operation of the Mato Bula and Da Tambuk Projects

    East Africa Metals Inc. (EAM.V) (“East Africa” or the “Company”) is pleased to announce the Ministry of Mines and Petroleum (the “Ministry of Mines”) has approved the Mining Agreements for East Africa’s 100% owned Mato Bula and Da Tambuk gold projects located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia (“Ethiopia”). The final step in the Mining Licence process is the formal ratification of the Mining Agreements by the Ethiopian Council of Ministers.