Emerita Resources Corp. announces that due to response from investors, it has increased its non-brokered private placement financing to $1,350,000 from its initially targeted $1,000,000 financing announced on May 14, 2020. The increased financing will be completed through the issuance of up to 27,000,000 units of Emerita at a price of $0.05 per Unit . Each Unit shall be comprised of one common share of Emerita and [...]
Emerita Resources Corp. intends to complete a non-brokered private placement financing of up to 20,000,000 units of Emerita at a price of $0.05 per Unit for gross proceeds of up to $1,000,000 . Each Unit shall be comprised of one common share of Emerita and one-half of one common share purchase warrant . Each Warrant shall entitle the holder to acquire one Common Share at a price of $0.15 for a period of 24 months [...]
Emerita Resources Corp. extends its deepest condolences to the families and friends of all the victims of the tragic COVID-19 pandemic. In view of the particularly severe outbreak in Spain, the country remains in lock down to contain spread of the virus, however given the country is reporting improving conditions with respect to new infections the country is starting to gradually loosen the restrictions. In anticipation [...]
Emerita Resources Corp. has granted a total of 3,700,000 stock options to directors, management and consultants of Emerita pursuant to its stock option plan. The options may be exercised at a price of $0.10 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 [...]
Emerita Resources Corp. is pleased to announce that the Supreme Court of Spain has rejected the appeal by the Junta of Andalusia and reaffirmed the ruling of the High Court of Justice of Andalusia with respect to Emerita’s challenge of the awarding of the public tender for the Paymogo Zinc Project in Huelva Province, Andalusia Region in southern Spain. The Project which occurs within the famous Iberian Pyrite Belt [...]
Emerita Resources Corp. is pleased to announce that subsequent to the recent unanimous ruling by five judges of the Appellate Court of Seville in favour of Emerita’s appeal that the legal process is moving quickly towards resolution. As announced earlier this month, Emerita had successfully appealed a lower court’s decision to dismiss a criminal case against the Andalusian government panel responsible for [...]
Emerita Resources Corp. is pleased to announce that five judges of the Appellate Court of Seville have unanimously ruled in favour of Emerita’s appeal of the lower court’s decision to dismiss a criminal case against the Andalusian government panel responsible for awarding the Aznalcóllar project and the former Director of Mines of the Government of Andalucía . The Project was the subject of a [...]
Emerita Resources Corp. is pleased to report it has intercepted 4.0 meters grading 9.02% zinc within a wider mineralized zone of 9.5 meters grading 4.57% zinc in the first drill hole to test an area with historical mineralized intercepts at the Plaza Norte zinc-lead project located in the Santillana Syncline, Cantabria Region in northern Spain. The Plaza Norte Project comprises 120 claims covering 3,600 hectares held by [...]
Emerita Resources Corp. is pleased to report that the nominees listed in the management proxy circular dated July 2, 2019 for the 2019 annual and special meeting of shareholders of Emerita held on July 31, 2019 were elected as directors of the Company. The appointment of each of the nominees to the Company’s board was approved by more than 97% of the votes cast at the Meeting. Shareholders at the Meeting also [...]
Emerita Resources Corp. has closed the second and final tranche of its previously announced private placement of common shares . The Company issued 1,445,000 common shares pursuant to the Second Tranche at a price of $0.10 per Share for aggregate gross proceeds of $144,500. The proceeds of the Offering are expected to be used to finance exploration activities at the Company’s Plaza Norte Project in Spain, repayment [...]
Emerita Resources Corp. announces that the TSX Venture Exchange has granted an extension to the duration of its previously announced private placement . The Company closed the first tranche of the private placement on May 23, 2019 for aggregate gross proceeds of $2,075,000. The outside date upon which final acceptance of the private placement may be granted by the TSXV has been extended to July 12, 2019. The private [...]
Emerita Resources Corp. has closed the first tranche of its previously announced private placement of common shares . The Company issued 20,750,000 common shares pursuant to the First Tranche at a price of $0.10 per Share for aggregate gross proceeds of $2,075,000. The proceeds of the Offering are expected to be used to finance exploration activities at the Company’s Plaza Norte Project in Spain, repayment of the [...]
