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 opportunities, guidance, cost savings and assistance to clients covering multiple [...]
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 purchase warrant . Each Warrant entitles the holder to acquire one Common [...]
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 license required for exploration activities. The Paymogo Project is within the [...]
Emerita Resources Corp. has closed, on a fully-subscribed basis, its previously announced private placement of common shares . The Company issued 27,000,000 units pursuant to the Offering at a price of $0.05 per Unit for aggregate gross proceeds of $1,350,000. Each Unit is comprised of one common share of Emerita and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one Common [...]
Emerita Resources Corp. extends its deepest condolences to the families and friends of all the victims of the tragic COVID-19 pandemic. As noted previously conditions related to the pandemic have continued to improve in Spain and the country is now moving systematically to reopening its economy and public institutions post the lock down. Further, in the May 4th, 2020 news release, it was indicated the Supreme Court of [...]
Emerita Resources Corp. announces that it has received an extension from the TSX Venture Exchange with respect to the duration of its previously announced private placement . The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to July 10, 2020. The Company applied for an extension to accommodate investors who have been unable to complete their subscriptions [...]
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 [...]