Emerita Resources Corp. is pleased to announce that five judges of the Appellate Court of Seville have unanimously ruled in favour of Emerita’s appeal of the lower court’s decision to dismiss a criminal case against the Andalusian government panel responsible for awarding the Aznalcóllar project and the former Director of Mines of the Government of Andalucía . The Project was the subject of a [...]
Emerita Resources Corp. is pleased to report it has intercepted 4.0 meters grading 9.02% zinc within a wider mineralized zone of 9.5 meters grading 4.57% zinc in the first drill hole to test an area with historical mineralized intercepts at the Plaza Norte zinc-lead project located in the Santillana Syncline, Cantabria Region in northern Spain. The Plaza Norte Project comprises 120 claims covering 3,600 hectares held by [...]
Emerita Resources Corp. is pleased to report that the nominees listed in the management proxy circular dated July 2, 2019 for the 2019 annual and special meeting of shareholders of Emerita held on July 31, 2019 were elected as directors of the Company. The appointment of each of the nominees to the Company’s board was approved by more than 97% of the votes cast at the Meeting. Shareholders at the Meeting also [...]
Emerita Resources Corp. has closed the second and final tranche of its previously announced private placement of common shares . The Company issued 1,445,000 common shares pursuant to the Second Tranche at a price of $0.10 per Share for aggregate gross proceeds of $144,500. The proceeds of the Offering are expected to be used to finance exploration activities at the Company’s Plaza Norte Project in Spain, repayment [...]
Emerita Resources Corp. announces that the TSX Venture Exchange has granted an extension to the duration of its previously announced private placement . The Company closed the first tranche of the private placement on May 23, 2019 for aggregate gross proceeds of $2,075,000. The outside date upon which final acceptance of the private placement may be granted by the TSXV has been extended to July 12, 2019. The private [...]
Emerita Resources Corp. has closed the first tranche of its previously announced private placement of common shares . The Company issued 20,750,000 common shares pursuant to the First Tranche at a price of $0.10 per Share for aggregate gross proceeds of $2,075,000. The proceeds of the Offering are expected to be used to finance exploration activities at the Company’s Plaza Norte Project in Spain, repayment of the [...]
Emerita Resources Corp. announces that the TSX Venture Exchange has granted an extension to the duration of its previously announced private placement . The outside date upon which final acceptance of the private placement may be granted by the TSXV has been extended to June 14, 2019. The private placement is subject to the receipt of all necessary approvals, including the approval of the TSXV. Emerita also announces that [...]
Emerita Resources Corp. along with its partner, Aldesa, announces that drilling is progressing on its Plaza Norte zinc project located in Cantabria, northern Spain . To date, two drill holes have been completed on the Queveda target. Both drill holes have intersected significant intervals of sphalerite at the target horizon. The distance between the two drill holes is approximately 300 meters. Samples have been submitted [...]
Emerita Resources Corp. announces that along with its joint venture partner, the Aldesa Group , the first diamond drilling campaign is expected to commence March 18, 2019 at its flagship Plaza Norte project in Cantabria region, northern Spain . Drilling is being conducted through its joint venture company Cantábrica del Zinc which is owned 50% by Emerita and 50% by Aldesa. Figure 1 Figure 2 Figure 3 Diamond [...]
Emerita Resources Corp. has entered into a letter of engagement with Industrial Alliance Securities Inc. , to act as agent for the sale of a minimum of 10,000,000 post-consolidation common shares of the Company to a maximum of 20,000,000 Shares, on a “best efforts” private placement basis, subject to all required regulatory approvals, at a price per Share of $0.10 for total gross proceeds of a minimum of [...]
Emerita Resources Corp. announces that along with its partner, the Aldesa Group , it has received the necessary permits to commence drilling on its Plaza Norte zinc project located in Cantabria, Spain. Update meetings were held recently in Santander with Government officials and the Honorable Miguel Angel Revilla, President of Cantabria Region. At a joint press conference with the Company, the Honorable Mr. Revilla [...]
Emerita Resources Corp. announces that it has received strong support from its shareholders for consolidation of its common shares on the basis of one new common share for every five common shares outstanding. Of the votes cast by shareholders at the Emerita special shareholder meeting, 97.966% voted in favor of consolidation of the Company’s common shares. The Board will advise shareholders in the near future when [...]
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