ESIA Update
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Emmerson, the Moroccan-focused potash development company, wishes to provide an update regarding the approval of its updated Environmental and Social Impact Assessment ("ESIA") for the Khemisset Potash Project ("Khemisset").
As previously announced, Emmerson had been invited to submit the updated version of its ESIA application supported by the new benefits of Khemisset Multi-Mineral Process ("KMP") to the Centre Régional d'Investissement of the region Rabat-Salé-Kénitra ("CRI") for review by the Commission Régionale Unifiée de l'Investissement ("CRUI").
Emmerson has been made aware that the CRUI has made an unfavourable recommendation regarding the approval.
Emmerson has not received formal notification of a decision and is seeking clarification regarding both a decision and the unfavourable recommendation. Emmerson is reviewing the available regulatory and legal options with respect to an appeal and assessing its next actions.
The Company will provide further updates in due course.
| Emmerson PLC Graham Clarke / Charles Vaughan | +44 (0) 207 138 3204 |
| Panmure Liberum Limited (Nominated Advisor and Joint Broker) Scott Mathieson / Matthew Hogg | +44 (0)20 3100 2000 |
| Shard Capital (Joint Broker) Damon Heath / Isabella Pierre | +44 (0)20 7186 9927 |
| BlytheRay (Financial PR and IR) Tim Blythe / Megan Ray / Said Izagaren | +44 (0) 207 138 3204 |
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