Emerita Resources Announces Agm Results
65 Queen Street West, Suite 800, Toronto, ON, Canada, M5H 2M5
EMERITA RESOURCES ANNOUNCES AGM RESULTS
Toronto, Ontario, August 25, 2020 – Emerita Resources Corp. (TSX -V: EMO) (the “ Company” or
“Emerita”) is pleased to report that the nominees listed in the management proxy circular dated July
24, 2020 for the 2020 annual and special meeting of shareholders of Emerita held on August 24, 2020
(the “Meeting”) were elected as directors of the Company. The appointment of each of the nominees
to the Company’s board was approved by more than 9 9% of the votes cast at the Meeting.
Shareholders at the Meeting also approved the appointment of the Company’s auditors and the
Company’s stock option plan. Emerita management would like to thank shareholders for their
participation and continuing support.
Lawrence Guy, Chairman of Emerita remark ed: “W e are very grateful for the support of our
shareholders as we proceed with the exploration and development programs for the Paymogo/
Romanera project. The Company has recently completed two successful financings and we are
in a position to commence a drill program as soon as permits are in place.”
David Gow er, P.Geo., CEO of Emerita stated : “We are very excited to commence working on the
Paymogo / Romanera project. Work is ongoing to develop the digital data base from the extensive
hard copy data that will be used to produce modern 3D models and assist in positioning diamond drill
holes for the upcoming program. The two deposits on the project, Infanta and Romanera , show
excellent grades and remain open for further expansion based on the analysis to date. Technical
updates will be issued as the program progresses. The Company is completing protocols with respect
to safe work practices relating to managing the present pandemic situation as an important part of its
project implementation.”
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:
Helia Bento
+1 (416) 566-8179 (Toronto)
Joaquin Merino
+34 (628) 1754 66 (Spain)
65 Queen Street West, Suite 800, Toronto, ON, Canada, M5H 2M5
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 ability to commence exploration work at the Paymogo project, the prospectivity of the Paymogo
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 a ctual 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 Emeri ta 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 ca n 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 EXCHANG E) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.