Mr. Ian Fodie reports

EMERITA ANNOUNCES AGM RESULTS AND FILING OF Q3 INTERIM FINANCIAL STATEMENTS AND MD&A

Emerita Resources Corp. has released the results of its annual general and special meeting of shareholders held on Aug. 25, 2026.

At the meeting, the shareholders approved the appointment of the company's auditor. The six nominees listed in the company's management information circular dated July 24, 2026, were elected as directors of the company. However, in respect of Marilia Bento, Catherine Stretch and David Patterson the number of votes withheld exceeded the number of votes cast for each nominee. The company's majority voting policy is therefore engaged with respect to Ms. Bento, Ms. Stretch and Mr. Patterson, and each has accordingly tendered a resignation for consideration by the board of directors.

The board will consider each resignation in accordance with the majority voting policy and will announce its decision in due course. No determination arising from that process has been made. The board takes the voting results seriously and acknowledges the significant engagement of shareholders throughout this process.

The resolutions pertaining to setting the number of directors and the annual reapproval of the rolling stock option plan of the company did not receive the requisite shareholder approval.

Emerita's board and management thank shareholders for their participation in the meeting and their engagement with the company. Emerita remains focused on advancing its Spanish assets and pursuing its claims relating to the Falcon project in the interests of all shareholders.

The company further announces that it has filed its Q3 interim financial statements and MD&A (management's discussion and analysis) for the quarter ended June 30, 2026, on SEDAR+.

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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