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Emerita Resources Refutes Short Report
TORONTO, March 30, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) is aware that a report has been publ
About this update from Emerita Resources Corp.
[{"type":"text","content":" TORONTO, March 30, 2022 (GLOBE NEWSWIRE) -- 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)[email protected] 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,...