East Africa Metals Announces Delay in Filing of Financial Reports
East Africa Metals Announces Delay in Filing
of Financial Reports
VANCOUVER
,
April 28, 2020
/CNW/ -
East Africa Metals Inc.
(TSX-V: EAM - "East Africa" or the
"Company") announces that due to circumstances created by the COVID 19 pandemic, it will not be
filing its annual financial statements and accompanying management's discussion and analysis and
related CEO and CFO certificates for the financial year ended
December 31, 2019
(the "Annual
Filings") by the scheduled due date of
April 29, 2020
, as required by National Instrument 51-102.
BC Instrument 51-515 provides issuers with an extension period of 45 days for filings required on or
before
June 1, 2020
, to allow issuers extra time to make the filings as a result of COVID-19.
The Company will also not be filing its financial statements for the three months ended
March 31,
2020
, and accompanying management's discussion and analysis and related CEO and CFO
certificates (the "Q1 Filings") by the scheduled due date of
May 30, 2020
, as required by National
Instrument 51-102.
The Company expects to file the Annual Filings by no later than
June 15, 2020
, and the Q1 Filings by
no later than
July 14, 2020
. Management and other insiders of the Company are subject to a trading
blackout policy that reflects the principles in section 9 of National Policy 11-207 until its Annual
Filings and Q1 Filings have been filed.
Other than as previously disclosed by the Company, there have been no material business
developments since the date of the Company's most recent filing of its interim financial statements
and management's discussion and analysis.
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
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.
SOURCE
East Africa Metals Inc.
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For further information:
Nick Watters, Business Development, Telephone +1 (604) 488-0822,
[email protected], Website www.eastafricametals.com
CO: East Africa Metals Inc.
CNW 19:00e 28-APR-20