Brief: East Africa Metals updates financing
10/11/2017 21:08
Nov 10 (Reuters) - East Africa Metals Inc EAM.V :
* East Africa Metals-under co's MOU with Lucky Winner
Investment,
Lucky Winner committed to buy on private placement basis 52.1
million units at $0.26/unit
* East Africa Metals - proceeds will be used to continue
exploration programs on company's projects in Ethiopia
* East Africa Metals Inc - aggregate gross proceeds of the
purchase is about C$13.5 million
Source text for Eikon: ID:nGNXOGVOXa
Further company coverage: EAM.V
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