Court Date Has Been Scheduled For Aznalcóllar Criminal Trial

(MENAFN- GlobeNewsWire - Nasdaq)

TORONTO, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the“Company” or“Emerita”) announces that the Third Section of the Provincial Court of Seville (the“Court”) has set March 3, 2025 as the date for the criminal trial on the alleged crimes committed during the process of awarding the Aznalcóllar tender. The trial is an oral hearing that is expected to be completed on July 15, 2025.

The Court has reserved up to 40 sessions including days in March, April, May, June and July 2025. The oral trial has been scheduled at 10:00 AM (local Seville time) on the following days:

1) March 3 and 4, 2025 (pre-trial matters) and March 31, 2025
2) On April 1, 2, 7, 8, 9, 21, 22 and 23, 2025
3) On May 12, 13, 14, 19, 20, 21, 26, 27 and 28, 2025
4) On June 2, 3, 4, 9, 10, 11, 16, 17, 18, 23, 24, 25 and 30, 2025
5) On July 1, 2, 7, 8, 9, 14 and 15, 2025

The 16 defendants face sentences totaling up to 348 years in prison for the alleged rigging of the Aznalcóllar mining tender, including accusations of influence peddling, fraud, embezzlement and bribery.

David Gower, Chief Executive Officer of Emerita, commented:“We are pleased that the Court has provided us with a court date and firm timeline for concluding the Aznalcóllar criminal case. It was a surprise to Emerita that the date was set so far in the future. The Company is consulting with its external Spanish legal counsel to explore whether anything can be done to accelerate the process.”

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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