Chatham Rock Phosphate Limited (NZX: CRP) Chatham Successfully Completes Private Placement

Chatham Rock Phosphate Limited is pleased to announce, further to the Company’s news release dated December 1, 2020, that it has closed a non-brokered private placement of 10,000,000 common shares (the “Common Shares”) at a price of CAD $0.06 (NZ$0.07) per common share for gross proceeds of CAD $600,000 (NZ$700,000). Finders fees in the amount of CAN$3,360 were paid in connection with the private placement.

All securities issued pursuant to the private placement are subject to a hold period and may not be traded until May 16, 2021.

The funds raised will be used for working capital purposes.

See the link below for more details:

PP Closes successfully

Source: Chatham Rock Phosphate Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

NZAS Sign Long Term Contracts
Amended - IFT230 Maturity and Exchange for IFT350
Synlait forecast milk price update
Chorus submits 2023 fibre regulatory report
Infratil Infrastructure Bond Exchange Offer opens
May 31st Morning Report
NZAS and Mercury sign long-term agreement, creating opportunity for future investment in renewables
Meridian and NZAS sign long term contracts
ArborGen Holdings Results for Year Ended 31 March 2024
BAI - Full unaudited results to 31 March 2024