Emerita Resources Corp. is pleased to announce that due to investor demand, the Company is increasing its previously announced private placement from total gross proceeds of up to $2.5 million to total gross proceeds of up to $4.5 million . The Offering will now consist of up to 32,142,857 units of the Company at a price of $0.14 per Unit . Mackie [...]
Emerita Resources Corp. , further to its press release dated November 23, 2020, has revised the terms of its previously announced private placement of units of the Company by increasing the exercise price of the common share purchase warrant underlying the Units from $0.15 to $0.16. Please see the Company’s press release dated November 23, 2020 for [...]
Emerita Resources Corp. is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as co-lead agent and sole bookrunner, along with Clarus Securities Inc. as co-lead agent in connection with a best efforts, private placement of units of the Company at a price of $0.14 per Unit for aggregate gross proceeds [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]