NZX Announcement: CRP Marine Consent application submissions close

Dear Chatham Rock Phosphate shareholder or stakeholder,

This announcement has just been filed with NZX and will be released before the market opens on Monday.

Regards,

 

Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited

Email: chris@crpl.co.nz

Cell: +64 21 558 185

Skype: phosphateking

www.rockphosphate.co.nz

 

Media Release

12 July  2014

CRP Marine Consent application submissions close

Chatham Rock Phosphate Managing Director Chris Castle is delighted at the quality and number of submissions in support of its Marine Consent application to the Environmental Protection Authority to extract phosphate nodules from the seabed on the Chatham Rise at the rate of 30 sq km a year.

 While a final analysis of the submissions will not be available until early next week CRP understands around 240 submissions have been received with a healthy proportion of these in favour of the application. In contrast, 4,702 submissions were received in respect of the recent Trans-Tasman Resources application, with 99.5% opposing the proposal.

 A preliminary analysis of the Chatham Rock Phosphate submissions reveals many applications from those with relevant expertise and/or with substantive arguments in favour of the Chatham Rise proposal.

 Further, only a few dozen submitters wish to be heard at the hearing, in contrast with the 2,175 submitters that wished to be heard at the TTR hearings.

 “This lack of large numbers opposing our project implies a significantly higher level of community support. An additional benefit is the hearings will be much less burdened with repetitive, in-expert opinions and can more easily and effectively proceed with a more informed decision making process.  

 “We’ve had a great response from people and organisations who support our application because they recognise the environmental and economic benefits of the project. This includes eminent international scientists who have submitted because they think the merits of this project are so impressive. Their strong message is the comparatively minor environmental impacts can be managed and the potential benefits are simply too big to ignore.

 “While we have yet to study the submissions in detail, we are disappointed by some of the inaccurate claims made by some opponents to our application.  We welcome debate on our proposal but expect it to be based on facts. For example, some of the claims in the information KASM posted on its website for people to use for their pro-forma submissions are simply not true and do not reflect our proposed mining operations.”

 CRP’s Marine Consent application to the EPA, filed in May, is working through a formal process to deliver a decision in November. The application, representing four years’ work and $27 million in investment, is the second under the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act, and will be considered in a full public process by an expert panel appointed by the EPA.  The Marine Consent is the only major licence CRP now needs, having gained a mining permit for its phosphate extraction project in December. 

 Mr Castle said he remains confident the application will meet the tough standard demanded by the law, because of CRP’s comprehensive science and consultation-based approach to its proposed mining operations, mitigation and monitoring.

 “We’ve designed the way we plan to mine and how we monitor and mitigate any effects by building in the input of the many interested parties with whom we have consulted, to ensure their concerns are addressed.  Throughout the past four and half years we’ve focused on building input from both stakeholders and scientists to ensure all the bases are covered in terms of environmental requirements.

 “Critical to that has been the high quality science provided by NIWA and other advisers.  Underscoring those efforts is the huge capability of our technical partner Boskalis whose resources, expertise and knowledge is simply unparalleled.

 “Their engineers are able to draw on more than 100 years of expertise across 75 countries.  Boskalis is undoubtedly the world leader in sea-based extraction operations and what has impressed us the most is how with every project the company undertakes, it devises innovative and environmentally sustainable methods, while always having safety as the first priority.  It is the way Boskalis does business.”

 CRP’s phosphate resource, located on the seabed of the Chatham Rise, offers fertiliser security for New Zealand’s primary industry, has big export and import substitution potential, as well as environmental benefits, making it a project of national significance.

 CRP’s 400-plus page Environmental Impact Assessment, supplemented by 35 appendices, mostly scientific reports and model is available on the EPA website, and via a link onrockphosphate.co.nz. Submissions will be posted on the website next week.

 

Chris Castle 021 55 81 85 or chris@crpl.co.nz

Please note Chris Castle is travelling over the weekend. 

NZX Announcement: AIM Listing – Pre-admission Filing

Dear Chatham Rock Phosphate shareholder,

This announcement has been filed with NZX and will be released before the market opens in the morning.

Regards,

 

Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited

Email: chris@crpl.co.nz

Cell: +64 21 558 185

Skype: phosphateking

www.rockphosphate.co.nz


image003.jpg

3 July 2014

AIM Listing – Pre-admission Filing

Chatham Rock Phosphate (NZX:CRP) announces  that it has filed a pre-admission announcement with the AIM market in the United Kingdom. A copy of the announcement is attached.

The pre-admission announcement is a formal and public notification of CRP’s intention to have its shares admitted to trading on AIM (“Admission”). Admission remains conditional upon the successful conclusion of capital raising efforts in the United Kingdom and Europe and publication of an Admission Document in accordance with the AIM Rules for Companies. It remains CRP’s intention to have this concluded later this month.

 

Chris Castle

Chief Executive Officer

chris@crpl.co.nz

 

 


NZX Announcement: CRP advises change of share registry

Dear Chatham Rock Phosphate shareholder,

This announcement has just been filed with NZX and will be released tomorrow before the market opens.

Regards,

 

Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited

Email: chris@crpl.co.nz

Cell: +64 21 558 185

Skype: phosphateking

www.rockphosphate.co.nz

 

 

CRP advises change of share registry

29 June 2014

Chatham Rock Phosphate wishes to advise that during this weekend our share registry services have moved from Link Market Services to Computershare New Zealand. The decision to change relates to the intended dual listing on the AIM market in the United Kingdom. Shareholders do not need to take any action and will be provided with new contact details by Computershare.

For further information, please contact:

Chatham Rock Phosphate
CEO/ Corporate Development

Chris Castle

Linda Sanders

+6421 558 185

+6427 471 5593

 

Tavistock Communications
PR and IR Advisor

Emily Fenton/ Nuala Gallagher/ Simon Hudson

+44 20 7920 3150

NZX Announcement: CRP response to TTR decision

Dear Chatham Rock Phosphate shareholder,

This announcement has just been filed on NZX and will be released before the market opens this morning.

Regards,

 

Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited

Email: chris@crpl.co.nz

Cell: +64 21 558 185

Skype: phosphateking

www.rockphosphate.co.nz

 

CRP response to TTR decision

18 June 2014

Chatham Rock Phosphate (NZ: CRP) (“CRP” or “the Company”) today notes the announcement made by Trans-Tasman Resources (TTR) regarding the marine consent application decision of New Zealand’s Environmental Protection Authority (EPA) Decision-making Committee (DMC).

While CRP has yet to study the decision in detail, we remain very confident we have submitted a robust and comprehensive application to the EPA for our marine consent, which will meet the legal tests under the relevant New Zealand legislation. We have proposed comprehensive monitoring, mitigation and compensation conditions, following discussions with interested parties.

We feel for TTR as the company has worked hard and invested significant capital.  However it is important to remember our application cannot be compared with TTR’s.  It is for a different mineral, in a very different marine environment and using different extraction methods and will be considered by a different Decision-making Committee. 

CRP’s application also has some unique environmental and economic benefits which include:

·         It offers security of supply for New Zealand’s most significant industry

·         It’s an organic New Zealand-origin product that can be applied without any chemical processing

·         It’ll reduce the carbon footprint by lowering transport distances

·         It has one of the lowest known concentrations of cadmium of any phosphate rock

·         It reduces water pollution from run-off when used as a direct application fertiliser because it releases slowly, requiring less frequent applications than conventional fertilisers, further reducing its carbon footprint

·         The rock is highly reactive, heightening its effectiveness as a fertiliser, and has strong liming qualities. 

According to regulatory filings, the main basis of the decision regarding TTR’s marine consent application relates to concerns about potential adverse environmental effects.

CRP’s own Marine Consent to the Environmental Protection Authority, filed in May 2014, comprehensively accounts for the low level of potential environmental impacts proposed by its own mine plan throughout the development, operation and reclamation of its permit area.

CRP continues to prioritise environmental responsibility within its role as a corporate citizen and economic contributor to New Zealand. Accordingly, CRP continues to engage with EPA, Iwi and all relevant local stakeholders as part of the six-month process towards the DMC’s decision on its application, which is still expected in Q4 2014.

For further information, please contact:

Chatham Rock Phosphate
CEO/ Corporate Development

Chris Castle      +6421 558 185

Linda Sanders   +6427 471 5593

please note we are in London

Tavistock Communications
PR and IR Advisor

Emily Fenton/ Nuala Gallagher/ Simon Hudson

+44 20 7920 3150

Media Release: Chatham Rock Phosphate advises start of marine consent submission process

Dear Chatham Rock Phosphate shareholder,

This announcement has been filed with NZX and will be released this morning before the market opens in New Zealand.

Regards,

Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited

Email: chris@crpl.co.nz

Cell: +64 21 558 185

Skype: phosphateking

www.rockphosphate.co.nz

 

Media Release

13 June 2014

Chatham Rock Phosphate advises start of marine consent submission process

Chatham Rock Phosphate Limited (CRP) is pleased to advise the Environmental Protection Authority (EPA) has now publicly notified CRP’s marine consent application to mine phosphate nodules from the Chatham Rise in New Zealand’s Exclusive Economic Zone.

The public notification in major daily newspapers means the submission period on CRP’s application has now opened and will conclude at 5 pm on 10 July 2014. Following the close of this submission period the EPA will then have 20 working days in which it considers the submissions before issuing a hearing notice.

The decision making committee to consider CRP’s application has also been confirmed. The EPA Board has appointed a committee of experienced decision-makers, with collective expertise in ecology, engineering and tikanga Ma?ori, to decide the application. Chair of the committee is former career diplomat Neil Walter. The other members are Dr. Nicki Crauford (EPA Board representative), Dr. Gregory Ryder, Lennie Johns and David Hill.

EPA Chief Executive Rob Forlong said in a media release the EPA was committed to carrying out a robust decision-making process. The decision-making committee would consider all submissions made by the public and people could choose to speak directly to the panel at public hearings.

“In order to make the best decision, the committee needs to be aware of as much relevant information as possible. We want to hear how a proposal might affect existing interests in the area and the environment. We’re looking for information that may affect the outcome of a decision or that would help to develop conditions that could be imposed if an application was approved.”

Mr. Forlong said all relevant materials will be provided on the EPA website and regular updates provided to all parties. Full details about the application, the decision-making committee and how to make a submission are available on the EPA website www.epa.govt.nz/eez.

CRP is seeking to mine phosphate nodules from the Chatham Rise (250-450 m depth) 450 km east of Christchurch. It has a mining permit from New Zealand Petroleum and Minerals (NZP&M) for an 820 sq km area on the Chatham Rise, which forms part of the total area (10,192 sq km) for which a marine consent is being sought from the EPA. The remaining area may be mined in the future depending on research results and obtaining relevant permits from NZP&M. CRP is proposing to mine at least 30 sq. km of seabed annually to meet its annual minimum production target of 1.5 million tonnes of phosphate nodules.

Contact Chris Castle on +64 21 55 81 85 or chris@crpl.co.nz  - Please note Chris is currently in London

Media Release: Revised Services Agreement and Board Changes

Dear Chatham Rock Phosphate shareholder,

This announcement has just been filed with NZX and will be released before the market opens this morning.

Regards,

 

Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited

Email: chris@crpl.co.nz

Cell: +64 21 558 185

Skype: phosphateking

www.rockphosphate.co.nz

 

 

Media Release

Revised Services Agreement and Board Changes

June 11 2014 

Following recent meetings between CRP and Boskalis, the two parties have agreed a variation to the services agreement that the parties entered into July 2012 (the “Variation Agreement”).

Under the Variation Agreement, Boskalis will assist CRP with the marine consent application; including providing technical advice and making available personnel with relevant technical expertise to attend the anticipated application hearings.  The granting of marine consent is the next key step in the Company’s development and the Board welcomes the continuing involvement of Boskalis in this process.

Consideration for the services to be performed under the Variation Agreement is expected to be satisfied by the shares issued to Boskalis in 2012, which formed a prepayment for services to be provided by Boskalis.

Further to the Variation Agreement, and in anticipation of CRP’s Admission to AIM, Mr. Jacobus (Ko) de Blaeij, the Boskalis representative on CRP’s board, has stepped down as a director of CRP.  It has been agreed in principle that CRP will formalise an expert advisory panel to assist the CRP Board on technical matters and it is intended that Mr De Blaeij will chair that panel. 

The Board would like to thank Ko for his support to the Company over the last few years and looks forward to accessing his extensive experience through his new role as the chairman of the new technical advisory panel.

CRP is also making significant progress with its AIM listing and capital-raising. CRP has carried out a review of the Board structure and the company’s governance in preparation of Admission to AIM. As a result, Linda Sanders has stepped down as Executive Chairman and Robert Goodden has been appointed as the new Non-Executive Chairman of the Board. Robert is based in the United Kingdom and has extensive marine mining experience and industry links.

The Board thanks Linda for her tremendous contribution as Chairman. She will continue her critical executive director role of Corporate Affairs Director.

Focus is now on the AIM listing and capital-raising.

Chris Castle, Managing Director +6421558185 or chris@crpl.co.nz (please note Chris is currently in London)