East Africa Metals Announces Issuance of Previously Approved Bonus Common Shares

East Africa Metals Announces Issuance of Previously Approved Bonus

Common Shares

VANCOUVER, British Columbia, July 13, 2018 -- East Africa Metals Inc. (TSX Venture:EAM) (“East Africa” or the “Company”)

announces the issuance of 125,000 previously approved bonus common shares to an executive of the Company.

In 2016, the Company’s Board of Directors approved the grant of up to 2,750,000 bonus common shares (the “Shares”) certain

officers of the Company, subject to certain conditions including the issue of mining license for the Company’s Harvest project,

shareholder approval, and approval of TSX Venture Exchange. Shareholders voted 99.28% in favour (see news release dated

June 24, 2016) and in 2016 the TSX Venture Exchange approved of the issuance of the Shares. As announced on December

15, 2017, following receipt of the mining license for the Harvest project, the Company issued 1,750,000 Shares to certain

officers of the Company.  On January 26, 2018, the Company issued another 250,000 Shares to certain executives of the

Company.

The July 9, 2018, issuance of Shares is subject to a hold period expiring November 10, 2018. The Company has yet to issue

the remaining 625,000 Shares.

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.