Emerita Refutes Short Report

Emerita Refutes Short Report

Emerita Resources Corp. (TSX V: EMO; OTC: EMOTF) (the "Company" or "Emerita") is aware that a report has been published by a short seller of Emerita shares which contains numerous falsehoods, inaccuracies and misrepresentations about the Company's assets, management and directors, designed to financially benefit the author of the report by causing the price of Emerita shares to drop. The Company categorically rejects the misinformation published in this report and stands by the information it has disclosed publicly on its website, on SEDAR and official regulatory filings. Investors are encouraged to be wary of short sellers with ulterior motives.

Emerita remains financially and operationally committed to advancing the development of its mineral resource assets in Spain for the benefit of all stakeholders and looks forward to a final resolution of the Aznalcollar tender in its favour.

About Emerita Resources Corp.
Emerita is a natural resource company engaged in the acquisition, exploration, and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company's corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada.

For further information, contact:

Joaquin Merino
+34 (628) 1754 66 (Spain)

Helia Bento
+1 416 566 8179 (Toronto)
info@emeritaresources.com

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 legal processes in Spain, the price and trading of Emerita's common shares; the likelihood of the Company obtaining the rights to the Aznalcollar project and the Company's future plans. 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.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

EMO:CA
The Conversation (0)
Emerita Resources

Emerita Resources

Zinc Exploration in Northern Spain

Zinc Exploration in Northern Spain Keep Reading...
Stacks of shiny copper pipes bound with straps.

Copper Prices Near Record Levels as LME Inventories Sink on Tariff Fears

London Metal Exchange (LME) copper stocks experienced major drawdowns in the week ended on August 28. Data from the exchange indicates that open tonnage at LME warehouses fell over the week to reach 107,050 metric tons (MT) on August 26, down significantly from 166,775 MT on August 19. Likewise,... Keep Reading...
Drill in dirt at mine site with "5 Top Canadian Mining Stocks This Week" text overlay.

Top 5 Canadian Mining Stocks This Week: VR Resources Soars with 384 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released Q2 gross domestic product (GDP) numbers on Friday (August 28). The data... Keep Reading...
Hand holds rough brown rock over blurred earth-toned background.

Sumitomo and G Mining Group Back Tintina's Dos Amigos Copper-Gold Project

Sumitomo (OTCPL:SSUMF,TSE:8053) and engineering firm G Mining Group have acquired a 25 percent stake in Tintina Mines (TSXV:TTS,OTCPL:TNNTF) to advance the Dos Amigos copper-gold project in Northern Chile.Through a 50/50 special purpose vehicle, Sumitomo and G Mining have subscribed for C$48... Keep Reading...
Flags of Argentina and Chile overlapping, displaying colors and symbols on textured fabric.

Chile and Argentina Revive Treaty for Multibillion-Dollar Copper Hub

Argentina and Chile approved operating protocols to integrate three mega-mining projects across the Andes Mountains, advancing a legal framework designed to unlock more than US$20.7 billion in copper investment. Officials from both countries convened in Santiago on Thursday (August 27) under the... Keep Reading...
US$100 bills, text saying "tariffs."

US Tariff Fears Drive Copper Stockpile Rush

Traders are flooding American warehouses with refined copper to beat potential import tariffs, draining global inventories and pushing prices near all-time highs despite sufficient physical supply worldwide.On the New York Commodity Exchange, copper for September delivery surged to a record... Keep Reading...

Interactive Chart

Latest Press Releases

Related News