Mr. Nick Watters reports

EAST AFRICA METALS INC. ANNOUNCES MANAGEMENT CEASE TRADE ORDER

East Africa Metals Inc. has applied to the British Columbia Securities Commission (BCSC) for a temporary management cease trade order (MCTO) under National Policy 12-203, Management Cease Trade Orders. The company was required to file its audited financial statements for the financial year ended March 31, 2025, and the related management's discussion and analysis, and chief executive officer and chief financial officer certification of filings for this period, on or before the filing deadline of July 29, 2025. The company has been delayed in providing the company's auditor with sufficient evidence to support the ownership of Canaco Tanzania Ltd. (CTL) (a Tanzanian company) and Denwill Mining Services Ltd. (a Tanzanian company) as at March 31, 2025, and as of today's date. The delay is due to challenges in obtaining confirmation of current ownership of CTL and Denwill from the appropriate Tanzanian governmental agencies due to irregularities in the Tanzanian corporate registry, which have not yet been formally clarified by such agencies.

The company is working to complete the required filings and expects that it will be in a position to complete the required filings on or before Sept. 29, 2025. The MCTO will be in effect until the required filings are completed. The company intends to satisfy the provisions of the alternative information guidelines set out in Section 10 of NP 12-203 so long as the required filings are outstanding. The company further confirms that there is no other material information relating to its affairs that has not been generally disclosed. Other than as disclosed herein, the company is up to date in its filing obligations.

About East Africa Metals Inc.

The company's principal assets include a 30-per-cent net profits interest in the Mato Bula and Da Tambuk mines (collectively the Adyabo property), and a 70-per-cent project interest in the Harvest polymetallic VMS (volcanic 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 Metals 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.).

We seek Safe Harbor.