EMR makes second potash investment

FRESH from its increased investment in Highfield Resources, Owen Hegarty-backed private equity fund EMR Capital has committed up to $C85 million ($A87.7 million) in Canadian potash play EPM Mining Ventures.

EMR makes second potash investment EMR makes second potash investment EMR makes second potash investment EMR makes second potash investment EMR makes second potash investment

EMR has subscribed for 34.5 million units, comprising one share and one warrant, at 30c per unit for $10.3 million.

If the warrants are exercised, EPM will receive a further $14.6 million.

topics

loader