East Africa Metals Grants Stock Options

 

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 20, 2013) - East Africa Metals Inc. ("EAM" or the "Company") (TSX VENTURE:EAM) has granted an aggregate of 5 million stock options to certain directors, officers, employees and consultants pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.135 per share and an expiry date of August 19, 2018.

About East Africa Metals

The Company's principal asset is the Handeni Property located in north-eastern Tanzania and covers an area of approximately 97 square kilometres. The Handeni Property includes the Magambazi Project, a gold deposit discovered in 2009.

More information on the Company can be viewed at the Company's website www.eastafricametals.com.

On behalf of the Board of Directors:

Andrew Lee Smith, P.Geo.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.



East Africa Metals Inc.
Nick Watters
Business Development
+1 (604) 488-0822
nwatters@eastafricametals.com
www.eastafricametals.com