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East Africa Metals ( (TSE:EAM) ) has shared an announcement.
East Africa Metals announced the results of its Annual General Meeting, where shareholders overwhelmingly supported all business items, including the election of directors and the appointment of Baker Tilly WM LLP as auditors. This solid backing from shareholders reflects confidence in the company’s strategic direction and management, potentially strengthening its position in the mining sector.
More about East Africa Metals
East Africa Metals Inc. is involved in the mining industry, focusing on gold and polymetallic exploration projects in Africa. The company holds a 30% Net Profits Interest in the Mato Bula and Da Tambuk mines in Ethiopia, a 70% interest in the Harvest polymetallic VMS Exploration Project in Ethiopia, and a 30% Net Streaming Interest in the Magambazi Mine in Tanzania. Since 2005, East Africa Metals has invested $66.8 million in African exploration, identifying 2.8 million ounces of gold and gold-equivalent resources.
YTD Price Performance: -12.50%
Average Trading Volume: 79,934
Technical Sentiment Signal: Buy
Current Market Cap: C$21.81M
Learn more about EAM stock on TipRanks’ Stock Analysis page.