TORONTO, February 5, 2021 (GLOBE NEWSWIRE) – Emerita Resources Corp.(TSX-V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) has granted a total of 3,900,000 stock options to various directors and officers under its stock option plan. The options can be exercised for a period of five years from the date of grant at a price of $ 0.18 per option. The granting of options is subject to the approval of the TSX Venture Exchange.

About Emerita Resources Corp.

Emerita is a natural resources company engaged in the acquisition, exploration and development of mineral properties in Europe, with a focus on exploration in Spain. The company’s corporate headquarters and technical team are based in Seville, Spain, and an administrative office in Toronto, Canada.

For more information, please contact:

Helia Bento
+1 (416) 566-8179 (Toronto)

Joaquin Merino
+34 (628) 1754 66 (Spain)

info@emeritaresources.com

Cautionary Statement 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 granting of stock options and the company’s future plans. In general, forward-looking information can be identified by using forward-looking terminology such as “plans,” “expected,” “not expected,” “expected,” “budget,” “planned,” “estimates”. “Predicts,” “intends,” “anticipates,” or “anticipates,” or “believes,” or variations of such words and phrases, or indicates that certain acts, events or results “may,” “might,” “would”, “power “or” is taken “,” occurs “or” reached “. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that could cause actual results, level of activity, performance, or performance to differ materially from those expressed or implied therein, including but not limited to forward-looking information limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; Risks associated with operating in foreign jurisdictions; Ability to successfully integrate the acquired real estate; foreign operational risks; and other risks associated with mining. While Emerita has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that could cause results not to be as expected, 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 these statements. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. Emerita undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws.

Neither the TSX VENTURE EXCHANGE nor its regulatory services provider (as that term is defined in the policies of the TSX VENTURE EXCHANGE) accepts responsibility for the adequacy or accuracy of this publication.

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