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BARU.V ·

East Asia Minerals announces completion of Shares for Debt transaction

Share Capital & Compensation

News Release

East Asia Minerals Corporation  

Corporate Office:  

T +1-604-684-2183 F +1-604-357-1987

www.eastasiaminerals.com  

East Asia Minerals announces completion of Shares for Debt transaction

June 4, 2020 - Vancouver, British Columbia Trading Symbol: “EAS: TSX.V | EAIAF:US”

East Asia Minerals Corporation (the “ Company” or “ EAS”)(TSX-V) announces that further to its news

release dated January 21, 2020, the Company has issued 6,792,47 3 common shares at a deemed price of

$0.05 per Share for an aggregate value of $339,623.66 with the applicable hold period expiry date as

September 29, 2020.

EAST ASIA MINERALS CORPORATION

Per: “Terry Filbert”

Terry Filbert, Director

President & CEO

[email protected]

+1-206-890-8285

For investor contacts more information, please contact:

Kevin Shum

Investor Relations

[email protected]

647-725-3888 ext 702

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.

Certain statements in this News Release, which are not historical in nature, constitute “forward looking statements” within the

meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or

information concerning future work programs, results and timing of any work programs, the Company’s performance or events

as of the date hereof. These statements reflect management’s current assumptions and expectations and by their nature are

subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual

results, performance or events to be materially different from those expressed or implied by such forward looking statements.

Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that

future exploration, development or mining results will not be consistent with our expectations; commodity and currency price

fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion

factors, permitting and licensing risks; general market and mining exploration risks and production and economic risks related

to design and engineering, manufacturing, technological processes and test procedures and the risk that the project’s output will

not be salable at a price that will cover the project’s operating and maintenance costs. Forward-looking statements should not be

construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and

are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not

place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims

any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after

the date hereof.