Eastern Metals (ASX:EMS) Response to ASX Price Query

Eastern Metals Limited (ASX:EMS) has responded to ASX's query regarding the recent change in the price of its ordinary fully paid shares and the significant increase in the volume of shares traded. The company stated that it is not aware of any undisclosed information that could explain the recent trading in its shares. Additionally, Eastern Metals confirmed its compliance with Listing Rule 3.1 and the authorization of its responses in accordance with its Disclosure and Communications Policy.

Executive Commentary on Recent Trading and Investor Conference Presentation

The Company's Chief Executive Officer, Ley Kingdom, presented at the Resources Rising Stars Gold Coast Investor Conference, providing an update on the Company's key projects, including Browns Reef in the southern Cobar Basin NSW and upcoming exploration activities at its Arunta Project in the NT. The presentation may have contributed to the increased investor interest in the company's shares.

Summary of ASX Announcement and Outlook

Eastern Metals (ASX:EMS) has responded to ASX's inquiry regarding the recent trading in its shares, stating that it is not aware of any undisclosed information that could explain the price change and trading volume. The company emphasized its compliance with Listing Rule 3.1 and the authorization of its responses in line with its Disclosure and Communications Policy. Looking ahead, Eastern Metals aims to continue its exploration activities at key projects, maintaining transparency and adherence to regulatory requirements.