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East Africa Metals Inc.

Mining and Mineral Exploration ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$1.1M
Funding Rounds
1
Last Funding
2024-05-31

About East Africa Metals Inc.

East Africa Metals is a project generator focused on exploring, discovering, and developing mineral properties in Africa. Based in Vancouver, the company trades on the TSX Venture Exchange under the symbol EAM and aims to create value through mineral exploration and development, with a pathway to cash flow and self-funding. Their principal projects include gold and polymetallic mining licenses in Ethiopia and gold mining licenses in Tanzania.

Products & Services

Ethiopian Projects:Includes three projects with mining licenses: Harvest Property (Terakimti polymetallic VMS exploration), Adyabo Gold Property (Mato Bula Gold Copper and Da Tambuk Gold Projects), with combined gold deposits of 915,000 oz. indicated and 977,000 oz. inferred.
Tanzanian Projects:Includes the 93 km2 Handeni Project within the Magambazi Property, with gold deposits of 721,300 oz. indicated and 292,400 oz. inferred, supported by two prospecting and two mining licenses.

Specialties

Gold Exploration Polymetallic VMS Exploration Mineral Project Development in Africa

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Non-brokered Private Placement
T: -
FT: Non-brokered Private Placement
A: 1086000
MR: -
FA: CAD$1,086,000.00
FAN: 1086000
D: 2024-05-31
FD: 2024-05-31
-
Non-brokered Private Placement Latest
2024-05-31
$1.1M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Andrew Lee Smith

President & CEO, Director

J

Jacqueline Tucker

Chief Financial Officer

N

Nick Watters

Business Development

D

Denis Dillip

President, Canaco Tanzania

L

Lingling Yang

Corporate Communications

H

Hein Poulus

Advisor

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Recent News

East Africa Metals Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Mining and Mineral Exploration
Company Size
~260 employees (est.)

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