East Africa Metals Inc. (TSXV: EAM) has secured $5.5M in equity financing from Anchises Capital Precious Metal Fund, granting Anchises a 19.9% stake. This funding revitalizes EAM, which had been dormant due to a 2020–2023 conflict in Ethiopia’s Tigray region. Despite stabilization, regulatory disputes between federal and regional governments continue to delay mining operations. EAM’s portfolio includes three advanced projects: Adyabo and Harvest in Ethiopia, and Handeni in Tanzania, with an attr...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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