Emerita Resources Corp. Discloses OSC Application for Enforcement Proceeding Regarding Historical Matters

TORONTO, April 09, 2026 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQX: EMOTF; FSE: LLJA) (“Emerita” or the “Company”) advises that the Ontario Securities Commission (the “OSC”) has filed an Application for Enforcement Proceeding against the Company and certain of its officers and directors concerning historical matters involving legacy projects (the “Allegations”). The Company has established a Special Committee of independent directors to direct the Company's review of, and response to, the Allegations. The Allegations are unproven. The officers and directors named in the proceeding have retained their own legal counsel to defend the Allegations against them.