East Africa Metals Updates in Filing of Financial Reports
PO Box 48658, Station Bentall Centre
Vancouver, BC V7X 1A3
Tel: 604.488.0822
Web: www.eastafricametals.com
NEWS RELEASE
East Africa Metals Updates in Filing of Financial Reports
Vancouver, British Columbia – May 28, 2020 – East Africa Metals Inc. (TSX-V: EAM - “East Africa” or
the “Company”) provides update on the status of the filing of its annual financial statements and
accompanying management’s discussion and analysis for the financial year ended December 31, 2019
(the “Annual Filings”), and the filing its financial statements for the three months ended March 31, 2020,
and accompanying management’s discussion and analysis (the “Q1 Filings”), which were required to be
filed by the scheduled due date of April 29, 2020, and May 30, 2020, respectively, as required by
National Instrument 51-102.
As previously announced on April 28, 2020, the Company is relying on the 45-day filing extensions being
offered by BC Instrument 51-515, in response to the COVID-19 pandemic, for certain periodic filings
that are required to be made on or before June 1, 2020.
The Company is continuing to work diligently and expeditiously with its auditors to file the Annual Filings
on or before June 15, 2020. Management of the Company expects that the Q1 Filings will be filed on or
before 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.
The Company is further relying on BC Instrument 51-516 to postpone the disclosure of its executive
compensation which is required to be filed by June 28, 2020, under National Instrument 51-102.
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 and since April 28, 2020.
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.