Emerita Resources Corp. is pleased to announce that important progress has been made towards the resolution of the ongoing Aznalc?llar legal proceedings in Spain which appears to be entering the final stages after more than five years. The Superior Court judges responsible for the case have concluded that further investigations are not required as they now have sufficient evidence to establish that crimes were committed [...]
Emerita Resources Corp. is pleased to announce that its submission of the Form 211 to FINRA has been cleared and the Company's shares now qualify for trading in the United States on the OTC Pink Market under the symbol “EMOTF”. Emerita has applied for DTC eligibility by the Depository Trust Company for its shares traded on the OTC Pink Market and it expects to receive DTC’s approval in the coming weeks. "This is an [...]
Emerita Resources Corp. announces that it has submitted the initial drill program for the West Iberian Belt Project to the mining authorities in Andalusia and the program has been accepted. The exploration permit granted to Emerita is officially published on the Andalusia Mining portal on the Junta de Andalusia web site. This is a requirement of the permitting process by the Department of Mines of Huelva province, where [...]
Emerita Resources Corp. has completed the digital compilation of the historical hard copy data for the Romanera Deposit, including for assay data, drill hole surveys and geological coding that will be required to develop 3D models. Romanera is the larger of the two known deposits occurring on the Paymogo/Romanera Project and occurs approximately 8 kilometers to the west of the Infanta Deposit . The selected intervals are [...]
Emerita Resources Corp. announces the Company has received the final resolution documents from the Mining Department in Huelva, formally awarding the Public Tender and the mineral rights to the Paymogo Romanera Project to Emerita. The initial rights are for a period of 26 months and providing the Company initiates drilling in a timely manner, it has the right to apply to have this period extended for a further 36 months [...]
Emerita Resources Corp. is pleased to report that the nominees listed in the management proxy circular dated July 24, 2020 for the 2020 annual and special meeting of shareholders of Emerita held on August 24, 2020 were elected as directors of the Company. The appointment of each of the nominees to the Company’s board was approved by more than 99% of the votes cast at the Meeting. Shareholders at the Meeting also approved [...]
Emerita Resources Corp. has signed an agreement with Zimtu Capital Corp. to participate in Zimtu’s ZimtuAdvantage program. Zimtu shall receive $8,333 per month from the Company for a period of twelve months, with the entire 12 months payable at the beginning of the term of the agreement. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple [...]
Emerita Resources Corp. has closed, on a fully-subscribed basis, its previously announced private placement of common shares . The Company issued 7,142,847 units pursuant to the Offering at a price of $0.14 per Unit for aggregate gross proceeds of $1,000,000. Each Unit is comprised of one common share of Emerita and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one Common [...]
Emerita Resources Corp. announces it has engaged DSV Ingenieria Ambiental, a highly reputable engineering firm with offices in the Andalusia Region, to prepare the environmental documentation for the Company’s wholly-owned Paymogo Project in order to obtain the “Autorizacion Ambiental Unificada ”. The AAU is the environmental license required for exploration activities. The Paymogo Project is within the [...]
Emerita Resources Corp. has closed, on a fully-subscribed basis, its previously announced private placement of common shares . The Company issued 27,000,000 units pursuant to the Offering at a price of $0.05 per Unit for aggregate gross proceeds of $1,350,000. Each Unit is comprised of one common share of Emerita and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one Common [...]
Emerita Resources Corp. extends its deepest condolences to the families and friends of all the victims of the tragic COVID-19 pandemic. As noted previously conditions related to the pandemic have continued to improve in Spain and the country is now moving systematically to reopening its economy and public institutions post the lock down. Further, in the May 4th, 2020 news release, it was indicated the Supreme Court of [...]
Emerita Resources Corp. announces that it has received an extension from the TSX Venture Exchange with respect to the duration of its previously announced private placement . The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to July 10, 2020. The Company applied for an extension to accommodate investors who have been unable to complete their subscriptions [...]
