Mr. Nick Watters reports
EAST AFRICA METALS APPOINTS NEW DIRECTOR
East Africa Metals Inc. has appointed Gang Chen (also known as 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 $5,522,000 in the company's recently closed private placement on June 17, 2025.
"Mr. Chen brings a wealth of experience and strategic insight that will be invaluable as we continue to execute our business objectives," said Andrew Lee Smith, chief executive officer of the company. "We welcome his expertise and look forward to his contributions as we advance our corporate strategy."
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.
About East Africa Metals Inc.
The company's principal assets include a 30-per-cent net profit interest in the Mato Bula and Da Tambuk mines (collectively Adyabo property) and a 70-per-cent project interest in the Harvest polymetallic volcanogenic massive sulphide exploration project in the Tigray region of Ethiopia. In addition, the company has a 30-per-cent net streaming interest in the Magambazi mine in the Tanga region of Tanzania.
East Africa has invested $66.8-million (U.S.) in African exploration since 2005, and has identified a total of 2.8 million ounces of gold and gold equivalent resources representing an average discovery cost per ounce of $24 (U.S.).
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