EA firm commences binding mediation proceedings
East Africa Metals Inc

East Africa Metals Inc has announced that the Company has commenced binding arbitration proceedings with respect to certain disputes that East Africa Metals has with Tanzanian Goldfields Company (TzGF).

The disputed are being done under the contractor and option to purchase agreement dated March 5, 2016 (the “Definitive agreement dated January 16, 2018 (the “Addendum”) according to the statement availed and signed by Andrew Lee Smith, P.Geo, CEO.

In accordance with the definitive agreement and the addendum, the binding arbitration will be heard by a single arbitrator in Vancouver, British Colombia pursuant to the rules of the British Colombia International Commercial Arbitration Centre.

The arbitration proceedings have been initiated by the Company as results of the failure of TzGF to adhere to ther terms of thr definitive agreement and Addendum.

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