Emmerson (GB:EML) has released an update.
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Emmerson PLC, a mining company focused on potash development in Morocco, successfully raised £0.85 million through an oversubscribed share placement to support its strategic initiatives, including addressing a dispute with the Moroccan government. This funding, led by Shard Capital Partners, underscores investor confidence despite the ongoing legal challenges. Key directors, including Chairman Hayden Locke, participated in the fundraising, highlighting their commitment to the company’s future growth.
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