PM Super Fund Asks Emerita Resources to Urgently Protect the Falcon Assets, Including Bandeira, While Emerita's Claim Proceeds
Toronto, Ontario--(Newsfile Corp. - August 17, 2026) - PM Super Fund ("PMSF"), a shareholder of Emerita Resources Corp. ("Emerita" or the "Company") (TSXV: EMO), today raises a single issue: the absence of any measure, in Canada or in Brazi
2026-08-17 8:32 AM EDT
PM Super Fund Reveals Marilia Bento, Chair of the Special Committee Refuses Cross Examination, Catherine Stretch Owned Shares in Parent Company of MGLIT, and Sets Record Straight on Matters in Emerita's August 12 News Release
PMSF's recommendation is unchanged: WITHHOLD from Marilia Bento, Catherine Stretch and David Patterson. There is, in truth, only one question before shareholders on August 25: why did it take four years - and, in the final four months, sustained pressure from a shareholder and an application before the Court - for this Board to reach the most obvious conclusion available to it and sue to recover the most valuable asset this Company has ever owned, the Falcon Project which includes Lithium...
2026-08-13 2:17 PM EDT
PM Super Fund Launches Withhold Campaign Ahead of Emerita Shareholder Meeting
Emerita's own Statement of Claim (SOC), issued July 29, 2026, alleges that certain former directors and officers breached their fiduciary duties in connection with the Falcon Project and repeatedly advised the Board, incorrectly, that Emerita was in default under the Option Agreement and had relinquished the project. Marilia Bento and Catherine Stretch, both standing for re-election, served on the Board continuously from 2016 through the entire period in which that advice was given and...
2026-08-11 10:04 AM EDT
Ontario Superior Court of Justice Sets September 4, 2026 Hearing Date for PM Super Fund's Application to Pursue Derivative Claims and Recover the Bandeira Project from Lithium Ionic on Behalf of Emerita Resources
Toronto, Ontario--(Newsfile Corp. - June 22, 2026) - PM Super Fund ("PMSF") announces that the Ontario Superior Court of Justice (Commercial List) has set **September 4, 2026** as the hearing date for PMSF's application under section 246 of the *Business Corporations Act* (Ontario) for leave to commence a derivative action in the name of and on behalf of Emerita Resources Corp. ("Emerita") against Lithium Ionic Corp. ("Lithium Ionic"), certain former and current directors and officers of...
2026-06-22 12:33 PM EDT
Emerita Resources Shareholders File for Leave to Pursue Derivative Action to Recover Falcon Project
Toronto, Ontario--(Newsfile Corp. - June 8, 2026) - Significant shareholders of Emerita Resources Corp. ("Emerita"), through legal counsel, announced today that PM Super Fund ("PMSF") has filed on June 5, 2026, an application before the Ontario Superior Court of Justice (Commercial List) for leave to commence a derivative action on behalf of and in the name of Emerita (the "Leave Application"). The Leave Application is filed under s. 246 of the Business Corporations Act, R.S.O. 1990, c. B.16....
2026-06-08 12:06 PM EDT
Emerita Resources' Shareholders Demand Board Action to Recover Falcon Project from Lithium Ionic Corp.
Toronto, Ontario--(Newsfile Corp. - May 14, 2026) - Significant shareholders of Emerita Resources Corp. ("Emerita"), through legal counsel, have issued a formal demand letter (dated May 14, 2026) to the Special Committee of Emerita's Board of Directors (the "Special Committee"), calling on the Board to immediately commence legal proceedings in Ontario and Brazil to recover the Falcon Project — including the highly valuable flagship Bandeira lithium property — from Lithium Ionic Corp....
2026-05-14 9:54 AM EDT