Business
Result of AGM
Result of AGM.
About this update from Emmerson Plc
[{"type":"text","content":"\n\n\n \n \n \n \nEmmerson PLC / Ticker: EML / Index: AIM / Sector: Mining\n31 May 2023\nEmmerson PLC (\"Emmerson\" or the \"Company\")\nResult of Annual General Meeting\n \nEmmerson, the Moroccan-focused potash development company, is pleased to announce that at the Company's Annual General Meeting held earlier today, all of the resolutions proposed were duly passed.\n \n**ENDS**\nFor further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:\n\n\n\nEmmerson PLC\nGraham Clarke / Jim Wynn / Charles Vaughan\n \n \n\n\n+44 (0) 20 7236 1177\n\n\n\n\nLiberum Capital Limited (Nominated Advisor and Joint Broker)\nScott Mathieson / Kane Collings / Will King\n \n \n\n\n+44 (0)20 3100 2000\n\n\n\n\nShard Capital (Joint Broker)\nDamon Heath / Isabella Pierre\n \n\n\n+44 (0)20 7186 9927\n \n\n\n\n\nSt Brides Partners (Financial PR/IR)\nSusie Geliher / Charlotte Page\n \n \n\n\n+44 (0)20 7236 1177\n \n\n\n\nNotes to Editors\nEmmerson is focused on advancing the Khemisset project (\"Khemisset\" or the \"Project\") in Morocco into a low cost, high margin supplier of potash, and the only primary producer on the African continent. With an initial 19-year life of mine, the development of Khemisset is expected to deliver long-term investment and financial contributions to Morocco including the creation of permanent employment, taxation, and a plethora of ancillary benefits. As a UK-Moroccan partnership, the Company is committed to bringing in significant international investment over the life of the mine.\n \nMorocco is widely recognised as one of the leading phosphate producers globally, ranking second in the world in terms of tonnes produced annually, and the development of this mine is set to consolidate its position as the most important fertiliser producer in Africa. The Project has a large JORC Resource Estimate (2012) of 537Mt @ 9.24% K2O, with significant exploration potential, and is perfectly located to support the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. The need to feed the world's rapidly increasing population is driving demand for potash and Khemisset is well placed to benefit from the opportunities this presents. The Feasibili...