Chatham Rock Phosphate Private Placement

NEWS RELEASE 17-15                                                                             June 13, 2017

CHATHAM ROCK PHOSPHATE LIMITED PRIVATE PLACEMENT

 WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZAX: “CRP” or the “Company") is pleased to announce a non-brokered private placement of up to 900,000 units (the “Units”) at a price of CAD$0.50 per Unit for gross proceeds of up to CAD$450,000.  Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant (“Warrant”).  Each whole Warrant will entitle the holder thereof to acquire one common share at a price of CAD$1.00 per share at any time prior to the date that is two years from the date of issuance.  In the event that the common shares of the Company trade on the TSX Venture Exchange at a closing price of greater than CAD$1.20 per common share for a period of 20 consecutive trading days at any time after four months and one day after the closing date of the private placement, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof by way of a news release and in such case the Warrants will expire on the 30th day after the date of dissemination of the news release.  The proceeds of this placement will be used for general working capital purposes.  There will be a finders’ fee payable in cash to arm’s length parties in connection with this placement as permitted under the policies of the TSX Venture Exchange.  The private placement is subject to the acceptance by the TSX Venture Exchange.

 

For further information please contact

Chris Castle
President and Chief Executive Officer
Chatham Rock Phosphate Limited
64 21 55 81 85 or chris@crpl.co.nz

Neither the Exchange, its Regulation Service Provider (as that term is defined under the policies of the Exchange), or New Zealand Exchange Limited has in any way passed upon the merits of the Transaction and associated transactions, and has neither approved nor disapproved of the contents of this press release.

 

 

CRP Appoints Two New Directors

NEWS RELEASE 17-14                                                                                              June 7, 2017

 CHATHAM ROCK PHOSPHATE LIMITED APPOINTS TWO NEW DIRECTORS

 WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZAX: “CRP” or

the “Company") today announced that it has appointed two new independent non-executive directors, Ernst Schönbächler and Ryan Wong to its board.

Managing Director Chris Castle said both incoming directors brought significant business experience in different realms and added to the board’s diverse international perspective.

Mr Schönbächler has more than 40 years of experience in the banking industry and is presently Managing Director of SwissGold Exploration AG, a wholly owned subsidiary of TSX-V listed NV Gold Corporation of Vancouver. Since 2004 he has been an independent financial consultant working with various public and private companies.

He has been a board member for several public and private companies in Canada, the United States, Luxemburg and Switzerland and also has a strong background in capital markets and venture capital, especially in Asia.

Mr Wong, who holds a Master’s degree in civil and structural engineering, holds a board and senior executive management role with the Caldecott Group of companies based in Malaysia.  Caldecott is primarily involved in property development and construction but has diverse investments in hospitality, recreation and mining. He has been with the Caldecott Group for more than 15 years.

Mr Wong is a member of the Institute of Directors NZ, the Association of Petroleum and Explosives Administration UK and the Association of International Petroleum Negotiators.

For further information please contact

Chris Castle
Chief Executive Officer
Chatham Rock Phosphate Limited
64 21 55 81 85 or chris@crpl.co.nz

Neither the Exchange, its Regulation Service Provider (as that term is defined under the policies of the Exchange), or New Zealand Exchange Limited has in any way passed upon the merits of the Transaction and associated transactions, and has neither approved nor disapproved of the contents of this press release.