East Asia announces Existing Shareholder and Investment Dealer Exemptions for Financing

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[{"type":"text","content":"East Asia announces Existing Shareholder and Investment Dealer Exemptions for Financing(via TheNewswire)\n \n \nMarch 27, 2020 - TheNewswire - Vancouver, BC - East Asia Minerals Corporation (the \"Company\") (TSXV:EAS) (OTC:EAIAF) is pleased to announce a private placement offering to raise up to $250,000 from the sale of 7,142,857 units at $0.035 per unit. Each unit is comprised of one (1) common share and one (1) share purchase warrant exercisable for a term of two years for the purchase an additional common share at the prices of $0.06 per common share.\n\n \n \nFinder's fees may be payable to qualified individuals comprised of shares, warrants or cash or any combination thereof.\n\n \n \nThe Offering will be conducted pursuant to available prospectus exemptions including sales to accredited investors, family members, close friends and business associates of directors and officers of the Corporation, to purchasers who have obtained suitability advice from a registered investment dealer pursuant to the exemption set out in BC Instrument 45-536 (Exemption from prospectus requirement for certain distributions through an investment dealer) (the \"Investment Dealer Exemption\") and to existing shareholders of the Corporation pursuant to the exemption set out in British Columbia Securities Commission BC Instrument 45- 534 (Exemption from prospectus requirement for certain trades to existing security holders) (the \"Existing Shareholder Exemption\"). \n\n \n \nFor subscribers utilizing the Existing Shareholder Exemption, the Offering is available to all shareholders of the Company as at March 26, 2020, (the \"Record Date\") (and still are shareholders) who are eligible to participate under the Existing Shareholder Exemption. Any person who becomes a shareholder of the Company after the Record Date is not permitted to participate in the offerings using the Existing Shareholder Exemption but other exemptions may still be available to them. Shareholders who became shareholders after the record date should consult their professional advisors when completing their subscription form to ensure that they use the correct exemption.\n\n \n \nThere are conditions and restrictions when relying upon the Existing Shareholder Exemption, namely, the subscriber must: a) be a shareholder of the Company on the Record Date (and still are a shareholder)...

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