Emerita Resources Corp. is pleased to announce that it intends to complete a non brokered private placement for gross proceeds of $3,000,000 through the issuance of up to 13,636,363 of units of the Company to be priced at $0.22 per Unit . Mr. Eric Sprott has indicated his intention to subscribe for the entire Offering. Each Unit will be comprised [...]
Emerita Resources Corp. announces that Spanish media are reporting that there has been an important ruling in the legal proceedings pertaining to the Aznalc?llar public tender. The Company has not received official documentation from the courts to review with its Spanish counsel at this point and it will provide a full update as soon as that is [...]
Emerita Resources Corp. has granted a total of 3,900,000 stock options to various directors and officers pursuant to its stock option plan. The options may be exercised at a price of $0.18 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 [...]
Emerita Resources Corp. announces that the Department of Environment in Huelva Province has approved the restoration plan for the planned drill program at the Infanta Deposit on the Iberia Belt West project. The favourable resolution from the Department of Environment was issued on January 14, 2021 and forwarded to the Mines Department on the same [...]
Emerita Resources Corp. is pleased to announce that further to its press release on November 11, 2020, Emerita has obtained DTC eligibility by the Depository Trust Company for its shares traded on the OTC Pink Market under the symbol "EMOTF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "EMO". The [...]
Emerita Resources Corp. has engaged FRASA Ingenieros Consultores , a highly reputable engineering firm with offices in Spain and Internationally, to prepare the environmental documentation for the Iberia Belt West Project in order to obtain the “Autorizacion Ambiental Unificada ”. FRASA are the Environmental Consultants used by major companies in [...]
Emerita Resources Corp. is pleased to announce that it has closed its previously announced private placement of units of the Company pursuant to which the Company issued 36,964,285 Units at a price of $0.14 per Unit for aggregate gross proceeds of $5,175,000 , including the full exercise of the over-allotment option. The Offering was led by Mackie [...]
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 [...]