East Africa Metals Retracts Stock Options

Suite 700 – 1055 W. Georgia Street PO Box 11108, Vancouver, BC, Canada V6E 3P3 Tel: 604.488.0822 Toll Free: 866.488.0822 Fax: 604.899.1240 Web: www.eastafricametals.com

NEWS RELEASE

East Africa Metals Retracts Stock Options

Vancouver, British Columbia – January 5, 2016 – East Africa Metals Inc. (TSX-V: EAM) (the “Company”) would like to retract its news release dated December 30, 2015, announcing the grant of 11 million stock options to certain directors, officers, employees and consultants, and such options will not be issued.

On behalf of the Board of Directors:

Andrew Lee Smith, P.Geo., CEO

For further information contact:

Nick Watters, Business Development Telephone +1 (604) 488-0822 Email [email protected] Website www.eastafricametals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.