Emerita Resources Enters Into Option Agreement to Acquire Lithium Project

June 13, 2016

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TORONTO, ONTARIO–(Marketwired – June 13, 2016) – Emerita Resources Corp. (the “Company” or “Emerita”) (TSX VENTURE:EMO) is pleased to announce that it has entered into a binding letter agreement (the “Agreement”) with Falcon Metais Ltda. (“Falcon”) pursuant to which Falcon has granted to Emerita an option (the “Option”) to acquire a 100% interest in the Falcon Litio MG Project (the “Project”) on or before June 13, 2018 (the “Option Expiry Date”). The Project is adjacent to Brazil’s only lithium mining operation owned by Companhia Brasileira de Lítio (“CBL”) and the northwestern property boundary of the Project is just 500 meters from the CBL mine (see Figure 1 below).

Category: General