East Africa Metals Welcomes New Advisor, Advances Capital Raise

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

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.