Media Coverage: Stockhouse - Chatham Welcomes TTR Supreme Court Decision

WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX:

“CRP” or the “Company") welcomes the Supreme Court decision released this week in respect to the Trans Tasman Resources (TTR) application to mine up to 50 million tonnes of vanadium-rich sand a year about 20 kilometres off the West Coast of the North Island.

In our view the decision is not a show-stopper.

To the contrary, it clarifies and eliminates the uncertainties arising from earlier decisions.

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