Emerita Resources Corp. is pleased to announce that due to increased investor demand, the Company is increasing its previously announced private placement from total gross proceeds of up to $3 million to total gross proceeds of up to $4 million . The Offering will now consist of up to 40,000,000 units of the Company at a price of $0.10 per Unit. Each Unit will be comprised of one common share of Emerita and one-half of [...]
Emerita Resources has entered into a letter of engagement with Mackie Research Capital Corporation, acting as sole bookrunner and sole agent, under which Mackie has agreed to offer for sale units of the Company, on a "best efforts" private placement basis, subject to all required regulatory approvals, at a price per Unit of $0.10 for total gross proceeds of up to approximately $3,000,000 . Each Unit shall be comprised of [...]
Emerita Resources Corp. announced on November 15, 2017 the appointment of Mr. Michael Timmins as CEO and a Director of the Company. This appointment is an important step in enhancing the Company's interaction with its shareholders and capital markets. Mr. Timmins is a mining executive with over 20 years of technical and corporate development experience at Agnico Eagle Mines Ltd. and Placer Dome Inc. Most recently, Michael [...]
Emerita Resources Corp. is pleased to announce the appointment of Mr. Michael Timmins as CEO and a Director of the Company. This appointment is an important step in enhancing the Company's interaction with its shareholders and capital markets. Mr. Timmins is a mining executive with over 20 years of technical and corporate development experience at Agnico Eagle Mines Ltd. and Placer Dome Inc. Most recently, Michael worked [...]
Emerita Resources Corp. has entered into a binding letter agreement with Copper One Inc. pursuant to which Emerita has granted Copper One an option to acquire a 100% interest in the Las Morras gold project located in the Extremadura region of Spain. The Option Pursuant to the Agreement, Emerita has granted to Copper One an option to acquire a 100% interest in the Project. As consideration for the Option, Copper One has [...]
Emerita Resources Corp. along with its Spanish joint venture partner Aldesa, has been awarded exploration concessions comprising 3,600 hectares in the Santillana Syncline , through the public tender organized by the Dirección General de Industria, Comercio y Consumo -Consejería de Innovación, Industria, Turismo y Comercio- del Gobierno de Cantabria . The Plaza Norte Project is located in the Reocin [...]
Emerita Resources Corp. has received conditional approval from the TSX Venture Exchange to complete the acquisition of the Salobro zinc project located in Minas Gerais State, Brazil . Please see Emerita's press release issued on July 14, 2017 for further details regarding the Transaction. Final acceptance by the TSXV is conditional upon the Company satisfying the TSXV that the Company will, on closing of the [...]
Emerita Resources Corp. announces that the Upper Court of Andalucia has ruled in favour of Emerita's appeal relating to the awarding of the Paymogo zinc project . The Court has declared the resolution of April 2014, awarding the Paymogo tender to Minera Aguas Teñidas SA invalid and has ordered that the qualifying bids pursuant to the Tender tender be reassessed. When the Project was initially awarded in 2014 [...]
TORONTO, ONTARIO--(Marketwired - Sep 12, 2017) - Emerita Resources Corp. ("Emerita" or the "Company") (TSX VENTURE:EMO) has issued 500,000 common shares to Falcon Metais Ltda. ("Falcon") in order to keep Emerita's option (the "Option") to acquire a 100% interest in the Falcon Litio MG Project (the "Litio Project") in good standing pursuant to the terms of the binding letter agreement with Falcon entered into on June 13 [...]
TORONTO, ONTARIO--(Marketwired - July 14, 2017) - Emerita Resources Corp. (the "Company" or "Emerita") (TSX VENTURE:EMO) is pleased to announce that it has entered into a definitive agreement (the "Definitive Agreement") with Vale S.A. ("Vale") and IMS Engenharia Mineral Ltda. ("IMS") pursuant to which Emerita has agreed to acquire the Salobro zinc project (the "Salobro Project") located in the Municipality of Porteinha [...]
TORONTO, ONTARIO--(Marketwired - Mar 28, 2017) - Editors Note: There is an image associated with this press release. Emerita Resources Corp. (the "Company" or "Emerita") (TSX VENTURE:EMO) has received a written resolution from the Seventh Provincial Court of Seville (the "Court") pursuant to which the Court has ruled against the request by Minorbis SL ("Minorbis"), a competitor bidder in the Aznalcóllar project [...]
TORONTO, ONTARIO--(Marketwired - Mar 20, 2017) - Emerita Resources Corp. (or "Emerita") (TSX VENTURE:EMO) is pleased to announce that it has entered into a letter of intent (the "LOI") with a large mining company (the "Vendor") pursuant to which Emerita can acquire from the Vendor all of the rights to the Masa Valverde Zinc project (the "Project") located in the highly prolific Iberian Pyrite Belt, Spain (the [...]
