Graham Clarke, CEO of Emmerson (Emmerson PLC (AIM:EML)) Joins Proactive London after announcing a strategic investment from Singapore for their Khemisset potash project in northern Morocco.
Global Sustainable Minerals (GSM) is taking a direct stake in the business, acquiring new shares at an 8% premium to the 30-day average price.
This marks a 'significant step forward for the project' and allows further discussions with potential funders of Khemisset, including banks.