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 – June 26, 2020 – East Africa Metals Inc. (TSX-V: EAM - “East Africa” or

the “Company”) provides update on the status of the filing of 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 May 30, 2020, as required by

National Instrument 51-102.

As previously announced on May 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 to file the Q1 Filings 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 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 annual financial statements and

management’s discussion and analysis and since May 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.