Mr. David Patterson reports

EMERITA ANNOUNCES CFO TRANSITION

Emerita Resources Corp. has appointed Ian Fodie as chief financial officer, effective immediately. Gregory Duras is no longer serving as chief financial officer of the company.

Mr. Fodie has over 35 years of experience in high-growth industries, including biotechnology, life sciences, technology, exploration and development, and entertainment, with international activities focused on intangible and real properties. He has a record of identifying and improving profitability and operational sustainability, with more than 25 years of public company experience. Mr. Fodie is recognized for his reputation of integrity by bankers, investment groups, shareholders and boards.

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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