Brief: East Africa Metals Concludes Tanzanian Government Mediation
22/10/2020 21:43
Oct 22 (Reuters) - East Africa Metals Inc EAM.V :
* EAST AFRICA METALS INC - EAST AFRICA METALS CONCLUDES
TANZANIAN
GOVERNMENT MEDIATION
* EAST AFRICA METALS INC - FORMS NEW PARTNERSHIP FOR
DEVELOPMENT
OF MAGAMBAZI MINE AND GOLD STREAM TRANSACTION WITH TANZANIAN
DEVELOPMENT COMPANY, PMM
* EAST AFRICA METALS - PMM WILL PAY EAST AFRICA US$2 MILLION
IN
CASH FOR 100% INTEREST IN CANACO TANZANIA LIMITED, EAST AFRICA'S
WHOLLY OWNED SUBSIDIARY
* EAST AFRICA METALS - GOVERNMENT MANDATED MEDIATION TO
RESOLVE
CURRENT LEGAL ISSUES IN TANZANIA HAS CLEARED WAY FOR EAM TO FORM
PARTNERSHIP WITH PMM
Source text for Eikon: ID:nCNWgH1Vna
Further company coverage: EAM.V
((Reuters.Briefs@thomsonreuters.com;))
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