ATOME (AIM: ATOM), the leading developer of international green fertiliser, announces steps to acquire further land in Paraguay to expand the footprint of its Villeta Project, the green fertiliser production facility.
Additional Land
ATOME has taken an option to purchase 13 hectares (32 acres) of land immediately next to its Villeta green fertiliser facility which would allow the Villeta facility to expand its total site to 43 hectares (106 acres) of contiguous area.
The option, exercisable until 31 May 2025, provides time for ATOME to perform the necessary due diligence and paperwork and on exercise would be funded from ATOME's existing resources.
The land has been slated to provide additional flexibility and permit greater logistic efficiency as ATOME moves towards the construction phase.
