Emerita Resources Corp V.EMO

Alternate Symbol(s): EMOTF

Metals & Mining Industrial Metals & Minerals

Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo project, both located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits: Infanta, El Cura, and Romanera. The IBW Project is located in the western part of the belt, adjacent to the border with Portugal, approximately 144 km west of Seville and 50 km from the port city of Huelva. The Nuevo Tintillo project is located in the eastern part of the belt, in Seville Province, between the deposits of Aznacollar, in the southeast, and Rio Tinto in the northwest. It encompasses 6,875 hectares (with 7,625 hectares pending) and has a rectangular shape.

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Emerita Resources Corp > KL...selling for a discount? WTF. Mining merger

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Post by Ogopogo007on Sep 29, 2021 5:13am

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Post# 33935504

KL...selling for a discount? WTF. Mining merger

Sept 28 (Reuters) - Canada's Agnico Eagle Mines Ltd is buying rival Kirkland Lake Gold Ltd in a stock deal valued at C$13.51 billion ($10.68 billion).

Kirkland Lake Gold shareholders will receive 0.7935 of an Agnico Eagle common share for each stock they hold, the two companies said on Tuesday. The deal values each Kirkland share at C$50.63, or a discount of 9% to the stock's Monday close, according to Reuters' calculation.

year ago SP was $67...now $51..yup, making $$ in mining stocks

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