London-listed potash development company Emmerson has raised £850 000, before expenses, through an oversubscribed placing and subscription of 130.77-million new ordinary shares of no-par value each in the share capital of the company at a price of 0.65p a share and 43.59-million attaching warrants with an exercise price of 3p a share and a term of seven years from the date of issuance. The fundraising was led by Shard Capital Partners.
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