East Africa Metals Inc (EAM) Common Stock NPV

East Africa Metals Inc. is a Canada-based mineral exploration company. The Company is focused on the identification, acquisition, exploration, development and/or sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia (Ethiopia) and the United Republic of Tanzania (Tanzania). The Company’s mineral property interest consists of one project in Ethiopia, the Harvest Property. Additionally, the Company holds a 30% equity interest in Tigray Resources Incorporated PLC, which has one project in Ethiopia, the Adyabo Property. The Harvest Project is 600 kilometers north of Ethiopia’s capital of Addis Ababa. The property is located in the Asmara Mineral Belt in the southern part of the Arabian Nubian Shield (ANS). The Adyabo Project covers 195.5 square kilometers (km2) west of East Africa Metals’ Harvest Project and is located in an under explored part of the Arabian-Nubian Shield in Northern Ethiopia.