Source: East Asia Minerals Corp.                     Date: 12 october, 2011

East Asia Minerals moved forward with a private placement for USD 10 million.
The company is seeking a major buyer for more working capital. It hopes to sell USD 20,000,000 shares at USD 0.50 per share for a total of USD 10,000,000.
East Asia is an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia and uranium exploration properties in Mongolia. The company owns nine uranium properties, including Iniin-Nars, Ulaan Nuur, and Enger.