from sedarProposed Transactions The Company announced that it has entered into a agreement with Shellbridge Group Limited. (SGL), a corporation based in Hong Kong, effective as of December 23, 2015. The agreement contemplates the parties further entering into a binding agreement for the sale of 95% the Companys equity interest in Sangihe Gold Corporation (SGC), which holds a 70% interest in PT Tambang Mas Sangihe, an Indonesian company holding the companys interests in the Sangihe project in North Sulawesi, Indonesia, for the purchase price of US$2,400,000. SGL has provided an interim advance of US$25,000 of such purchase price which has been applied against the land rent obligations in respect of the Sangihe project on an interest free basis until approval of the transaction by the TSX Venture Exchange and East Asia Mineralss shareholders. Should the transaction be terminated rather than completed, East Asia Minerals agrees to reimburse the expenses funded by SGL and such obligation may be secured on the Companys equity interests in SGC. The transaction is expected to close within 120 days, subject to the satisfactory completion of the conditions in the agreement, which includes purchaser due diligence, Indonesian government approvals, joint venture partners negotiations, East Asia Minerals shareholders' approval and TSX Venture Exchange approval. This transaction should have completed last month, but no news. They had approx. $1 Million in debt, as per filing Feb 1, 2016. My guess is we are overdue for this news. Found the above on their web page. Have seen this before where there is a lull between the next run up, could be market manipulation passive shakeout for weak hands, after the active shakeout yesterday. I guess we can expect to hear from the company around May 1st for their next quarterly filing if this one was on Feb 1. Not too long to wait. GLTA. Rob