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EAM.V ·

East Africa Metals Grants Stock Options

Share Capital & Compensation

777 Dunsmuir Street, 17th Floor Vancouver, BC, Canada V7X 1A3 Tel: 604.488.0822 Web: www.eastafricametals.com

MEDIA RELEASE

East Africa Metals Grants Stock Options

Vancouver, British Columbia – September 11, 2023– East Africa Metals Inc. (TSX-V: EAM) (Frakfurt: EA1) has granted an aggregate of 10,550,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.20 per share and an expiry date of September 11, 2028. The options vest immediately and are subject to the approval of the TSX Venture Exchange.

More information on the Company can be viewed at the Company’s website: www.eastafricametals.com.

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.