Emerita Appeals Aznalcóllar Administrative Ruling
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Emerita Appeals Aznalcóllar Administrative Ruling
TORONTO, June 25, 2025 -- Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the
“Company” or “Emerita”) has appealed the ruling of the Tribunal Superior De Justicia De Andalucia
(the “ Court”) of the Administrative Court with respect to Emerita’s complaint filed in 2017 (the
“Complaint”) against the Junta de Andalucia (the “Junta”), specifically, the Andalucian government
panel that awarded the Aznalcóllar public tender (the “Tender”), requesting that the Court rule that
(i) the Junta had committed a “via de hecho” which is an administrative action that completely
disregards the legally established procedure or that clearly lacks any possible legal basis; (ii) the
acceptance of the min eral rights to the Aznalcóllar project by Minera Los Frailes S.L. (“ MLF”), an
entity that did not participate in the Tender, is a via de hecho, and (iii) any actions by MLF related to
the Aznalcóllar project are a via de hecho.
In April 2025, t he Court ruled against Emerita’s C omplaint, however, Emerita has formally filed an
appeal against this decision and the Court has ruled that Emerita has satisfied the formal
requirements for an appeal of this decision. Pursuant to the appeal process, the Tribunal Supremo,
based in Madrid, must now rule on whether there are grounds for an appeal, and if so, on the merits
of the case. Please see the Company’s April 17, 2025 press release for further details regarding the
Complaint.
This Complaint is distinct from Emerita’s other and more significant administrative case regarding
the various alleged irregularities by the Junta in adjudicating the Tender which the Company initiated
in 2015 (the “ Administrative Case”). The Court has previously determined that the facts in the
criminal case and the A dministrative Case are substantially similar and has decided to suspend
issuing its resolution on the Administrative Case pending the outcome of the criminal trial. This is
expected to make available for the Court all of the evidence and testimony from the Aznalcóllar
criminal trial (please see the Company’s press release dated May 2, 2022 for additional details
regarding the Administrative Case).
Emerita looks forward to the completion of the Aznalcóllar criminal trial and Administrative Case. A
resolution favorable to Emerita will result in a significant increase to Emerita’s presence in the
Iberian Pyrite Belt in terms of both resources and strategic land position.
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.
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For further information, contact:
Ian Parkinson
+1 647 910-2500 (Toronto)
www. em e ritare source s.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 prospectivity of Aznalcóllar, the Tender, the Company’s appeal to the
Superior Court, the Court’s decisions and impacts thereof, the results , timing and impact of the
Aznalcóllar litigation 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 tho se 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 res ults 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 ACCURACYOF THIS RELEASE