Voting at Annual Shareholder Meeting Indicates Strong Support for Emerita Resources Board and Management

TORONTO, ONTARIO--(Marketwired - Feb 3, 2014) - Emerita Resources Corp.'s (TSX VENTURE:EMO) (the "Company" or "Emerita") shareholders approved each of the proposed resolutions at the Company's annual and special meeting held on January 31, 2014.

Holders of approximately 58% of the Company's outstanding shares participated in the voting at the meeting and voted unanimously in favour of re-electing Mr. David Gower, Ms. Marilia Bento, Mr. Joaquin Merino, Mr. David Patterson, Ms. Catherine Stretch and Mr. Colin Watt as directors, appointing McGovern, Hurley, Cunningham, LLP as the Company's auditors, approving the Company's rolling stock option plan and ratifying the Company's advance notice policy.

Commenting on the results of the meeting, Mr. David Gower, Chairman of the Board of Emerita, stated, "We wish to thank our shareholders for their continued support, and for voting in such large numbers, as we focus on advancing the Company for the benefit of all shareholders."

About Emerita Resources Corp.

Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Spain. The Company's present focus is exploring the Las Morras Property in the Extremedura Region of Spain.

Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company's future plans, including the acquisition and development of mineral projects in Spain. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Emerita, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Emerita has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Emerita does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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