Emerita Announces Appointments of New Independent Director and Corporate Secretary

Executive Summary

• Emerita Resources Corp. announced the immediate appointment of Agne Ahlenius as an independent director to its Board of Directors.
• Lisa Thompson was appointed as Corporate Secretary to enhance corporate governance, securities compliance, and continuous disclosure practices.
• Both appointments are intended to strengthen the company's technical and regulatory capabilities to advance the IBW Project through major feasibility and permitting milestones in Spain.

Key Details

• Agne Ahlenius (Independent Director): Brings over 35 years of international mining experience. Currently serves as CEO & Managing Director of the San Juan Mine Project (tungsten) owned by Eurobattery Minerals AB.
• Ahlenius’s Operational Background: Former Mine Manager at Boliden AB, Operations Manager for MATSA in Spain, and CEO at Lundin Mining for Zinkgruvan Mining AB in Sweden. Holds a Master of Science in Mining Engineering from Luleå University of Technology.
• Strategic Regulatory Value: Ahlenius is fluent in Spanish and possesses deep knowledge of the Spanish regulatory environment and administrative procedures, which the Board believes will directly accelerate the IBW Project’s feasibility and permitting milestones.
• Lisa Thompson (Corporate Secretary): Brings 25+ years of experience in corporate governance and securities compliance, with a focus on TSX-V and CSE reporting issuers.
• Thompson’s Core Competencies: Expertise in board and committee support, continuous disclosure obligations, stock exchange matters, equity compensation plans, corporate transactions, and governance oversight.

Notable Quotes

• Joaquin Merino, CEO & President: “We are very fortunate that Mr. Ahlenius has agreed to join Emerita as an Independent Director. Living and working in Spain for over 25 years, Agne has been deeply embedded in the country’s mining sector, regulatory framework, and local culture. He is fluent in Spanish... and brings extensive experience in working with the Spanish administration at all levels... and has deep knowledge of the administrative procedures related to mining projects that will strengthen our technical team and regulatory approval process.”
• Joaquin Merino, CEO & President: “Ms. Thompson’s appointment as Corporate Secretary will strengthen the Company’s governance, disclosure compliance and internal oversight to support strong governance practices and professionalism in the Company’s disclosure and compliance obligations.”