Entries by East Asia

East Asia Minerals Corp Announces Shared for Debt Transaction

East Asia Minerals Corporation. (the “Company” or “EAS”)(TSX-V) reports that its board of directors has approved the settlement of up to $179,000.000 of debt through the issuance of common shares of the Company (the “Debt Settlement”). Pursuant to the Debt Settlement, the Company would issue up to 3,570,000 common shares of the Company (the “Shares”) […]

East Asia Minerals Lists with OCMX and offers USD$5 million Secured Promissory Notes

East Asia Minerals Corporation. (the `Company` or `EAS`) (TSX-V) is pleased to announce that it has entered into a credit listing arrangement with Optimize Capital Markets (OCMX) of Toronto to secure a credit facility loan for up to USD$5,000,000 which will be approximately CAD$6,500,000.   The Company is offering up to 20 Secured Promissory Notes with a face value of USD$250,000 each (the “Notes”).  The minimum amount of the offering […]

East Asia Minerals Provides An Overview of 2018 Project Accomplishments And What to Expect In 2019

Vancouver, British Columbia – East Asia Minerals Corporation (TSXV: EAS) (East Asia Minerals or the “Company”) is pleased to provide an year end report and update on current exploration activities for our Sangihe gold project in Indonesia. SANGIHE PROJECT The technical accomplishments and developments of 2018 were as follows: Completion and submission of the AMDAL […]

East Asia Minerals Closes Final Tranche Of Private Placement With Insider Participation

Vancouver, British Columbia – East Asia Minerals Corporation (TSXV: EAS) (East Asia Minerals or the “Company”) announces that the Company has completed the final tranche of the private placement with an offering of 4,890,000 units for total proceeds of $244,500. There are no finders’ fees payable for this tranche. All of the securities distributed under the offering […]

East Asia Minerals Closes 3rd Tranche of Private Placement

Vancouver, British Columbia –  East Asia Minerals Corporation (TSXV: EAS) (East Asia Minerals or the “Company”) announces that the Company has completed the 3rd tranche of the private placement offering of 7,361,400 units for total proceeds of $368,070. The Company will pay finders’ fees in the total amount of $750 and 15,000 brokers warrants. All of […]

East Asia Minerals Closes 2nd Tranche of Private Placement

Vancouver, British Columbia – East Asia Minerals Corporation (TSXV: EAS) (East Asia Minerals or the “Company”) announces that the Company has completed the 2nd tranche of the private placement offering of 5,680,000 units for total proceeds of $284,000. The Company will pay finders’ fees in the total amount of $21,250 and 390,000 brokers warrants. All of the […]

East Asia Minerals Re-Announces Private Placement

Vancouver, British Columbia – East Asia Minerals Corporation (the “Company”) (EAS:TSX.V, EAIAF:OTCBB) re-announces its private placement of up to $2,000,000 consisting of 40,000,000 units (the “Units”) at $0.05 per Unit (the “Offering”) where each Unit consists of one common share in the capital of the Company (a “Share”) and one share purchase warrant (each whole […]

East Asia Minerals Submits Feasibility Study And Completes Legal Requirements For Up To $15 Million (USD)

Vancouver, British Columbia – East Asia Minerals Corporation (the “Company”) (EAS:TSX.V, EAIAF:OTCBB) is pleased to provide shareholders with an update on the  Indonesian Feasibility Study (IFS) and the credit facility for up to $15 million (USD).. The Company has completed and submitted the Indonesian Feasibility Study on the Sangihe project to the Indonesian Ministry of […]

East Asia Minerals Grants Stock Options and Private Placement Update

Vancouver, British Columbia – East Asia Minerals Corporation (the “Company”) (EAS:TSX.V, EAIAF:OTCBB) announces that it has granted an aggregate amount of 3,298,572 stock options to directors, management, employees and consultants of the company in accordance of the provisions of the company’s stock option plan, subject to approval of the TSX Venture Exchange. Each option entitles […]

East Asia Minerals Completes All Lending Requirements On $17.5 Million Credit Facility

Vancouver, British Columbia – East Asia Minerals Corporation (the “Company”) (EAS:TSX.V, EAIAF:OTCBB) is pleased to provide shareholders with an update on the $17.5 Million (CAD) credit facility structure in cooperation with Montreal based Isatis Capital Group Inc (ISATIS). Isatis has successfully completed the due diligence process for the $17.5 million credit facility agreement which was […]