Emmerson PLC has entered into a binding MoU to acquire Moroccan Salts Limited, which owns 100% of the Khemisset potash project which is located near Rabat in northern Morocco. Moroccan Salts has access to extensive technical information on the Khemisset project, and has recently conducted confirmatory drilling on the project area. Upon completion of the transaction, Emmerson will release a JORC-compliant resource, and seek to accelerate development of Khemisset to demonstrate why Emmerson’s Directors believe it has all the attributes required to result in a low-capex, high-margin potash project which will return substantial gains for new and existing shareholders.