Emerita Resources Corp.

Emerita Resources Corp. is pleased to provide initial results of its surface sampling completed during its ongoing geological mapping program at its Iberia Belt West Project. . Initial mapping has focused on the areas around the Infanta and Romanera Deposits and the El Cura area . The objective of this geochemical sampling campaign has been to verify the presence of massive sulfide mineralization and characterize the [...]

Emerita Resources Corp. announces that the Iberia Belt West Project has cleared the required 30 business days socialization on the Department of Mining website as required by the permitting process and is proceeding with the planned diamond drill program at the high grade Infanta deposit, one of three target deposits controlled by Emerita within the belt The diamond drill contract has been awarded to Geonor Drilling, and [...]

Emerita Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 13,636,363 units of the Company at a price of $0.22 per Unit . Each Unit is comprised of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant is exercisable to acquire one Common Share at a price of $0.30 per Warrant Share for a period of 24 months from [...]

Emerita Resources Corp. is pleased to announce that it intends to complete a non brokered private placement for gross proceeds of $3,000,000 through the issuance of up to 13,636,363 of units of the Company to be priced at $0.22 per Unit . Mr. Eric Sprott has indicated his intention to subscribe for the entire Offering. Each Unit will be comprised of one common share of the Company and one-half of one Common Share purchase [...]

Emerita Resources Corp. announces that Spanish media are reporting that there has been an important ruling in the legal proceedings pertaining to the Aznalc?llar public tender. The Company has not received official documentation from the courts to review with its Spanish counsel at this point and it will provide a full update as soon as that is completed. Major Spanish media outlets are reporting that related [...]

Emerita Resources Corp. has granted a total of 3,900,000 stock options to various directors and officers pursuant to its stock option plan. The options may be exercised at a price of $0.18 per option for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange. About Emerita Resources Corp. Emerita is a natural resource company engaged in the [...]

Emerita Resources Corp. announces that the Department of Environment in Huelva Province has approved the restoration plan for the planned drill program at the Infanta Deposit on the Iberia Belt West project. The favourable resolution from the Department of Environment was issued on January 14, 2021 and forwarded to the Mines Department on the same day. Unfortunately, due to a COVID-19 outbreak, processing of the [...]

Emerita Resources Corp. is pleased to announce that further to its press release on November 11, 2020, Emerita has obtained DTC eligibility by the Depository Trust Company for its shares traded on the OTC Pink Market under the symbol "EMOTF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "EMO". The DTC is a subsidiary of the Depository Trust & Clearing Corporation and [...]

Emerita Resources Corp. has engaged FRASA Ingenieros Consultores , a highly reputable engineering firm with offices in Spain and Internationally, to prepare the environmental documentation for the Iberia Belt West Project in order to obtain the “Autorizacion Ambiental Unificada ”. FRASA are the Environmental Consultants used by major companies in the area for permitting and are well versed in the requirements to obtain [...]

Emerita Resources Corp. is pleased to announce that it has closed its previously announced private placement of units of the Company pursuant to which the Company issued 36,964,285 Units at a price of $0.14 per Unit for aggregate gross proceeds of $5,175,000 , including the full exercise of the over-allotment option. The Offering was led by Mackie Research Capital Corporation, as co-lead agent and sole bookrunner, along [...]