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GlobeNewswire·

Emerita Receives Official Court Resolution in Aznalcóllar Trial

  • Emerita Resources Corp. announced that the Third Section of the Provincial Court of Seville decided not to impose criminal convictions on any accused in the Aznalcóllar trial.
  • The Company expressed surprise & disappointment at the ruling despite prior judicial findings regarding irregularities in the Aznalcóllar public tender process.
  • Emerita will review the 215-page court resolution with Spanish legal counsel to determine if further action is appropriate before providing additional comments.
  • The Company is awaiting a decision from the Tribunal Superior De Justicia De Andalucia regarding alleged irregularities by the Junta De Andalucia & whether the tender should have been awarded to Emerita.
  • Emerita confirmed it has a strong balance sheet & will continue developing its Iberian Belt West project while pursuing an Exploitation License at an advanced stage.
  • The Company reaffirmed its commitment to high business ethics, responsible mining, & sustainable wealth creation.