09:48 AM EST - East Africa Metals Inc. : Provided an update on the development of its Ethiopian Projects in the Federal Democratic Republic of Ethiopia and the arbitration hearing related to its Tanzanian assets. With the completion of the Preliminary Economic Assessments for the Terakimti Gold Heap Leach project, Mato Bula Gold Copper and Da Tambuk Gold projects, East Africa is now focused on arranging the pre-production capital financing required to develop the Terakimti HL project and commence production. East Africa Metals Inc.
shares V.EAM are trading unchanged at $0.19.