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.
Regards,
Chris Castle
Chief Executive Officer
Chatham Rock Phosphate Limited
Email: chris@crpl.co.nz
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:
+64 21 5581985
chris@crpl.co.nz
PhosphateKing