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East Africa Metals Welcomes New Advisor, Advances Capital Raise

East Africa Metals Welcomes New Advisor, Advances Capital Raise

East Africa Metals (TSE:EAM) has released an update.

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East Africa Metals Inc. has bolstered its advisory team with the appointment of seasoned legal expert and former senior executive Hein Poulus, while also successfully closing the first tranche of a private placement aimed at raising CAD$1,000,000. The initial tranche has brought in CAD$50,000, with each unit in the placement offering a common share and a share purchase warrant, enhancing the company’s capital for general corporate purposes.

For further insights into TSE:EAM stock, check out TipRanks’ Stock Analysis page.

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