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Emerita Resources Enters Loan Agreement with Nebari Resources to Advance IBW Project

Aug 15, 2024•almost 2 years ago

Contract Type

loan agreement

TorontoNatural ResourcesMiningMineral

Description

Emerita Resources Corp. has announced that it has entered into a credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II, LP (the “Lender”) to borrow up to a maximum aggregate principal amount of USD$15,000,000 from the Lender in three tranches to support the advancement of its wholly-owned Iberian Belt West Project (IBW Project) in Spain.

Company Information

Company

Emerita Resources Corp

Location

Toronto, Ontario, Canada

About

Emerita Resources Corp. 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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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.