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 Corporate Profile: East Africa Metals Inc
    Publisher: Kaiser Research Online
    Author: Copyright 2013 John A. Kaiser

 
East Africa Metals Inc (EAM-V)
Trade DateVolumeHighLowCloseChgStatus
March 27, 2024268,500$0.09$0.09$0.09$0.01Trading
KRO Profile - Members OnlyCorporate Web Site Not AvailableTreeExchQuote
Issued
204,280,236
Price
$0.090
Working Capital
($827,763)
Key People: Andrew Lee Smith (CEO), Jingbin Wang (Chair), Peter Granata (CFO), Jeff Heidema (VP EX),
Diluted
216,130,236
Insiders
30.1%
As of
9/30/2023
Company supplied Corporate Overview - not available
The free corporate profile serves as a fast gateway for KRO members via the map cards to resources such as the KRO Profile which includes financial, insider and project details as well as news releases and KRO comments for which headline links are provided below. Links to the company's web site and project web pages are available within this free corporate profile if the company has a multi-user corporate membership (they are always available in full member only KRO Profile). A corporate membership provides the company with complete multiple user access to KRO resources and entitles the company to provide a corporate overview for the subject company's unrestricted corporate profile.

Active Project List
ProjectCountryState/ProvRegionNet
Interest
StageIPV $
MM
Target MetalsDeposit StyleTSC
(Project Name has a link to its location in the Members only KRO Profile)
HarvestEthiopiaOtherNot Applicable30% WI4-Infill & Metallurgy $58Copper Gold Zinc SilverVMS
AdyaboEthiopiaOtherNot Applicable30% NPI4-Infill & Metallurgy $58Copper Gold Zinc SilverVMS
HandeniTanzaniaOtherNot Applicable100% WI5-PEA $17GoldQuartz Veins
Company Project Gateway
Harvest Project
Company Project Web Page - N/A Ethiopia - Other 30% WI4-Infill & Metallurgy Copper Gold Zinc SilverVMS
Adyabo Project
Company Project Web Page - N/A Ethiopia - Other 30% NPI4-Infill & Metallurgy Copper Gold Zinc SilverVMS
Handeni Project
Company Project Web Page - N/A Tanzania - Other 100% WI5-PEA GoldQuartz Veins
Company News Releases - Members Only
Dec 15, 2023A.G.M. Results
Dec 1, 2023East Africa Metals Announces Tibet Huayu Has Approved the Initiation of Mining Development Programs at the Mato Bula and Da Tambuk Mines, Ethiopia
Sep 12, 2023Grants Stock Options
May 15, 2023Grants Stock Options
Feb 24, 2023Change in Financial Year End
Dec 16, 2022A.G.M. Results; Adds New Director; Amendment to Stock Option Plan
Mar 9, 2022Update on Magambazi Development
Dec 17, 2021Provides Update on Magambazi Mine Plan Development
Nov 30, 2021Ethiopian Update
Oct 19, 2021Updated Magambazi Mineral Resource Estimate
Sep 27, 2021Updates Progress on Tanzanian Hard Rock Mine Development
Sep 13, 2021Provided Details of Q2 production from Magambazi mine, Tanzania
Sep 7, 2021Prepares for Transfer of Magambazi Mining Licence
Jul 23, 2021Zijin Mining agree to Harvest Project acquisition
Jun 1, 2021Forms Metals Trading Company in Tanzania to Facilitate Streaming Agreement
May 20, 2021Targets resource expansion as it prepares to renew exploration activity in Ethiopia with a $2.7M drill program
Apr 9, 2021Tailings Re processing Operation at Magambazi Initiates
Mar 25, 2021Grants Stock Options
Mar 9, 2021Issues Shares in Settlement of Debt
Mar 2, 2021Shares for Debt
Feb 1, 2021Prepares C$2.7M Exploration Program for Ethiopian Projects Canada NewsWire
Jan 28, 2021Enters Into a Debt Settlement Agreement
Jan 27, 2021Commissioning of Tailings Re processing Operation at Magambazi
Jan 13, 2021Provides Update on Ethiopian Development
Jan 6, 2021Unaware of Any Material Change
Dec 30, 2020Voting Results from Annual Meeting
Dec 21, 2020Receives Formal Consent From the Government of Tanzanian, Concludes Magambazi Mine Gold Stream Transaction
Nov 25, 2020Advances Discussions to Develop Harvest Project, Ethiopia
Nov 6, 2020Private Placement Non Brokered
Nov 6, 2020Closes a $500,000 Private Placement
Nov 3, 2020$500,000 Private Placement
Oct 22, 2020Concludes Tanzanian Government Mediation; Forms New Partnership for the Development of the Magambazi Mine and Gold Stream Transaction with Tanzanian Development Company, PMM
Sep 25, 2020Updates in Filing of Financial Reports
Jun 29, 2020Updates in Filing of Financial Reports
Jun 2, 2020Short Term Related Party Loan
May 29, 2020Updates in Filing of Financial Reports
Apr 28, 2020Delay in Filing of Financial Reports
Feb 24, 2020East Africa Metals And Sino Union Energy Group Agree to Move Forward on Harvest Project Acquisition and a $3,000,000 Private Placement
Feb 3, 2020Mobilizes for Upcoming Drill Program
Jan 24, 2020Completes Adyabo Transaction, Receives Schedule for Adyabo Mine Development
Dec 2, 2019Receives Final Payment in Adyabo Transaction
Aug 30, 2019Property Asset or Share Disposition Agreement
Aug 14, 2019Concludes Agreement for Development Financing
Jul 2, 2019Signs Definitive Agreement for Development Financing
Jun 10, 2019Grants Options
May 31, 2019Voting Results from Annual Meeting and Changes to Management
May 27, 2019Corporate Update
May 21, 2019Awarded Mining Licenses for Mato Bula and Da Tambuk Projects, Ethiopia
Apr 12, 2019Annual 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
Feb 12, 2019Private Placement
Feb 11, 2019Executes Binding Letter of Intent with Tibet Huayu Mining for the Financing and Development of the Terakimti, Mato Bula and Da Tambuk Deposits, Ethiopia
Jan 23, 2019Receives Approval of Mining Agreements for the development and Operation of the Mato Bula and Da Tambuk Projects
Oct 16, 2018An Extension to Related Party Loan
Sep 4, 2018Receives Approval Of Mine Permit Application For Mato Bula And Da Tambuk Gold Projects
Aug 21, 2018Corporate Update on Ethiopian Project Development and Tanzanian Arbitration
Aug 16, 2018Approval of Environmental and Social Impact Assessments for the Mato Bula Gold Copper and Da Tambuk Gold Projects
Jul 16, 2018Issuance of Previously Approved Bonus Common Shares
Jul 3, 2018Grants Options
Jun 22, 2018Voting Results From Annual Meeting
Jun 13, 2018Files NI 43 101 Technical Reports for Three Ethiopian Gold Projects
Jun 4, 2018A Second Extension To Related Party Loan
May 25, 2018Advances Mato Bula And Da Tambuk Mine Permitting Process
May 7, 2018Qualifies Exploration Upside Relating to Terakimti, Mato Bula, and Da Tambuk Projects
Apr 30, 2018Positive Results of Three PEA Studies for Gold Projects in Ethiopia
Apr 9, 2018Provides Updates on the Tanzanian Definitive Agreement
Mar 29, 2018Termination Of Memorandum Of Understanding
Feb 8, 2018Completion of Warrant Acceleration and Extension of Related Party Loan
Jan 29, 2018A Corporate Update on Financing and Bonus Common Shares
Jan 24, 2018Provides Update on the Development of Magambazi and Gold Stream Transaction, Tanzania
Jan 15, 2018Acceleration of Warrant Expiry Date
Jan 12, 2018Update on Mato Bula and Da Tambuk Permitting
Jan 4, 2018Private Placement Non Brokered
Dec 29, 2017Closes Financing
Dec 18, 2017Issues Bonus Shares
Dec 14, 2017Updates Financing
Dec 13, 2017Submits Mine Licence Applications for Da Tambuk and Mato Bula Gold Projects, Ethiopia
Dec 7, 2017Receives Mine Permit for the Terakimti Oxide Gold Project, Ethiopia
Oct 2, 2017Enters Binding Mou For Project Financing
Aug 14, 2017Receives Final Mato Bula Infill Diamond Drill Program Results, Including 5.89 Metres Grading 53.32 Grams Per Tonne Gold
May 29, 2017Completes Mato Bula Infill Diamond Drill Program, Most Recent Intersections Include 12.60 Metres Grading 12.59 Grams Per Tonne Gold, 0.66% Copper, And 1.5 Grams Per Tonne Silver
May 11, 2017Receives Approval Of Mine Permit Application For Terakimti Oxide Gold Project
Apr 27, 2017Grants Stock Options
Apr 24, 2017Intersects 20 Metres Grading 4.7 Grams Per Tonne Gold And 4.7 Grams Per Tonne Silver At Da Tambuk, Continues Intersecting High Grade Gold Intervals During Infill Drilling In Ethiopia; Identifies
Apr 11, 2017Early Warning Report
Mar 27, 2017Intersects 21.19 Metres Grading 4.32% Copper, 1.04 Grams Per Tonne Gold, 35.9 Grams Per Tonne Silver, And 6.98% Zinc At The Mayshehagne Vms Prospect, Continues Both Resource And Exploration
Mar 9, 2017Private Placement Non Brokered
Mar 7, 2017Closes $5.2 Million Non Brokered Private Placement And Appoints Mr. Yongwen Wang To The Board Of Directors
Feb 22, 2017Provides Corporate Exploration Update
Jan 23, 2017Terakimti Metallurgical Testwork Confirms Positive Leach Gold Extraction
Jan 17, 2017Short Term Related Party Loan
Jan 9, 2017Provides Corporate Updates
Dec 12, 2016Update On Financing
Nov 2, 2016Arranges Financing To Advance Ethiopian Projects
Oct 5, 2016Provides Project Update For Magambazi: Test Mining And Bulk Sampling
Sep 8, 2016Early Warning Report
Aug 23, 2016Sinotech Elects To Exercise $805,000 In Warrants
Aug 11, 2016Files Mine Permit Application For The Terakimti Oxide Gold Project,
Aug 3, 2016Magambazi Partner Engages Gareth Taylor As General Manager
Jul 13, 2016Update On On going Project Advancement
Jul 5, 2016Provides Update On Metallurgical Testwork For The Terakimti Gold Project, Ethiopia
Jun 29, 2016Initiates Mine Permitting For Terakimti Oxide Gold Project, Ethiopia
Jun 24, 2016Voting Results From Annual Meeting
Jun 22, 2016On Metallurgical Testwork For The Terakimti Gold Project, Ethiopia
Jun 14, 2016Resource Update For The Adyabo Project, Ethiopia
May 31, 2016Closes $1 Million Non brokered Private Placement
May 18, 2016$1,000,000 Non brokered Private Placement
Apr 19, 2016Additions To Project Development Committee
Mar 28, 2016Grants Stock Options And Bonus Shares
Mar 22, 2016Provides An Update On Infill Diamond Drilling At The Da Tambuk And Mato Bula Deposits, Adyabo Project, Ethiopia
Mar 17, 2016Property Asset or Share Disposition Agreement
Mar 15, 2016Appoints Sean I. Waller, P.eng To The Board Of Directors
Mar 7, 2016Executes Definitive Agreement For Development Of Magambazi And Gold Stream Transaction
Feb 1, 2016Acquires 100% Of Adyabo Project In Ethiopia
Jan 11, 2016Provides An Update On Infill Diamond Drilling At The Mato Bula Deposit, Adyabo Project, Ethiopia
Jan 6, 2016Retracts Stock Options
Dec 30, 2015Grants Stock Options
Dec 10, 2015Receives Partial Payment And Extends Deadline On Agreement For Development Of Magambazi And Gold Stream Transaction
Oct 27, 2015Updates On Terakimti Oxide Resource In Ethiopia, Magambazi Sale Agreement In Tanzania
Sep 14, 2015Drilling Results, Harvest Project, Northern Ethiopia
Jun 23, 2015Voting Results From Annual Meeting
Jun 17, 2015Files Technical Report For The Adyabo Project Initial Mineral Resource Estimate
Jun 15, 2015Signs Agreement For Development Of Magambazi And Gold Stream Transaction
May 27, 2015Drilling Results, Harvest And Adyabo Projects, Northern Ethiopia
May 5, 2015Initial Mato Bula Trend Mineral Resource Estimate At The Adyabo
Apr 29, 2015Exploration Update, Harvest And Adyabo Projects, Northern
Mar 11, 2015Exploration Update, Harvest And Adyabo Projects, Northern Ethiopia
Jan 15, 2015Intersects 22.91 Metres At 14.34 Grams Per Tonne At Mato Bula, Adyabo Project, Northern Ethiopia
Nov 6, 2014Update On Exploration Drilling In Ethiopia, Completes Magambazi Mine Permitting In Tanzania
Oct 8, 2014Engages Investor Relations Consultants
Oct 3, 2014Intersects 13.55 Metres At 4.65 Grams Per Tonne Gold At Da Tambuk, Adyabo Project, Northern Ethiopia And Commences 6000m Diamond Drilling Program
Sep 10, 2014Intersects 34.04 Metres At 5.65 Grams Per Tonne Gold At Mato Bula, Adyabo Project, Northern Ethiopia
Jun 19, 2014Voting Results From Annual And Special Meeting
Jun 19, 2014Corporate Update
May 8, 2014East Africa Completes Arrangement With Tigray
May 7, 2014Plan of Arrangement, Delist
Mar 19, 2014Early Warning Report
Feb 24, 2014East Africa And Tigray Enter Into Arrangement Agreement
Jan 24, 2014Normal Course Issuer Bid
Jan 24, 2014Initiates A Normal Course Issuer Bid And Provides Corporate Update
Dec 4, 2013East Africa Metals Enters Into A Financing Arrangement With Tigray Resources
Sep 24, 2013Recognized For Corporate Social Responsibility And Environmental Programs In Tanzania

 
 

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