NZX Announcement: Rights Issue

Dear Chatham Rock Phosphate shareholder or stakeholder,

This announcement has just been filed on NZX.

Shareholders will receive the offer documents shortly after 17 April – no action is required by you before then.  



Chris Castle

Chief Executive Officer

Chatham Rock Phosphate Limited


Cell: +64 21 558 185

Skype: phosphateking


Tuesday, 31 March 2015 

Rights Issue

As previously advised to the market, the Board of Chatham Rock Phosphate (CRP) has decided to offer a rights issue to shareholders of CRP. The offer price will be $0.006 per share, to raise up to approximately $1.38 million in aggregate.

Shareholders recorded on the register as at the record date will receive renounceable rights to one new share for every existing share held. The rights are intended to be quoted on the NZAX Market.

Applicants may also apply for additional shares under an oversubscription facility. The facility will be subject to shortfall availability. The current timetable for the Offer is as follows:

On behalf of the Board, 

Chris Castle

Chief Executive Officer