# Emmerson raises cash for Moroccan potash project

> Emmerson raised 6 million pounds by issuing 200 million new shares, and its stock rose more than 60% on resuming trade in London. The company is developing the Khemisset potash project in Morocco, which it expects could be producing in about four years.

- Date: 2018-06-04 · published 2018-06-04T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/64847-emmerson-raises-cash-for-moroccan-potash-project
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

This is a small junior miner financing with no material supply impact in the near term, though it reflects a recovery in potash prices after mine closures limited supply.

## Read by commodity

- POTASH: neutral

## Sources

- uk.finance.yahoo.com: https://uk.finance.yahoo.com/news/emmerson-raises-cash-moroccan-potash-100535006.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.