July 14 (Reuters) - Emerita Resources Corp EMO.V :
* Emerita enters into agreements to acquire the Salobro Zinc project in Brazil
* Emerita Resources Corp - pursuant to definitive agreement, Emerita agrees to pay USD$6.5 million in cash to Vale
* Emerita Resources Corp - cash payments will be made by Emerita over seven 7 years
* Emerita Resources - entered definitive agreement with Vale S.A., IMS Engenharia Mineral Ltda under which co has agreed to acquire Salobro Zinc project
* Emerita - co to initially own 75 percent of Purchaseco with exclusive right to acquire remaining 25 percent interest of Purchaseco from IMS at its sole option Source text for Eikon: ID:nCCNHGjVMa Further company coverage: EMO.V