Investor Event in Birmingham

RNS Number : 3202N

Emmerson PLC

17 January 2019

 

Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining

17 January 2019

Emmerson Plc ("Emmerson" or the "Company") 

Investor Event in Birmingham

Emmerson Plc, the Moroccan focused potash development company, is pleased to announce that it will be hosting an investor event on 29 January 2019.  The event will be held from 7.00 p.m. at The Hotel Indigo Birmingham, The Cube, Wharfside St, Birmingham, B1 1RS and presents the opportunity for investors to meet with the Company's management.   Management will provide an overview of its Khemisset Potash Project in northern Morocco as well as outline its strategy for 2019 including drilling, metallurgical testing, commencing the Pre-Feasibility Study and discussions with potential in-country partners and strategic offtake and sales partners (as announced on 14 January 2019).  This will be followed by an informal Q&A session and drinks reception. 

Potential investors and existing shareholders who wish to attend the event should register their interest by emailing [e-mail] or calling [phone]. 

**ENDS**

For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:  Hayden Locke Emmerson Plc Tel: [phone] Edward McDermott James Biddle Roland Cornish Beaumont Cornish Limited Financial Adviser Tel: [phone] Jeremy King Optiva Securities Limited Broker Tel: [phone] Lottie Wadham Gaby Jenner St Brides Partners Ltd Financial PR/IR Tel: [phone]

Notes to Editors

Emmerson's primary focus is on developing the Khemisset Potash Project located in Northern Morocco.  The project has a large JORC Resource Estimate (2012) of 311.4Mt @ 10.2% K₂O and significant exploration potential with an accelerated development pathway targeting a low capex, high margin mine.  Khemisset is perfectly located to capitalise on the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. This unique positioning means the project will receive a premium netback price compared to existing potash producers. The need to feed the world's rapidly increasing population is driving demand for potash and Emmerson is well placed to benefit from the opportunities this presents.

 

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