Court Date Has Been Scheduled for Aznalcóllar Criminal Trial
November 25 2022 - 10:07AM
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, 20252) On April 1, 2, 7, 8, 9, 21, 22 and 23, 20253) 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.
For further information, contact:
Joaquin Merino+34 (628) 1754 66 (Spain)
Vincent Chen+1 778 990 9433
(Toronto)info@emeritaresources.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, the rulings of the Court, the timing and results of the
criminal trial, the Company’s ability to obtain the rights to the
Aznalcóllar 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 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 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.
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SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
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ACCURACY OF THIS RELEASE.
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