Disruptions across food supply chains, as well as income and remittance losses, and effects of other shocks on agriculture sector have become clear as the COVID-19 outbreak continues to unfold on a global scale. This has created food security risks in many countries across the world.

According to the latest report from analysis firm ResearchAndMarkets.com, the global market for Smart Agriculture is projected to reach $ 18.7 billion (USD) by the year 2027, with a compound annual growth rate (CAGR) of 9.4% over that time.

For investors who want to capitalize on this unique and prosperous market, the latest offering on the Stockhouse DealRoom should perk some interest, it is a publicly listed Company focussed on becoming the premier supplier of direct application organic phosphates to the New Zealand and global agricultural sector.

It is with this unique take on said resource that Chatham Rock Phosphate Limited (TSX-V: NZP, Forum) is currently trading at a huge discount to funds invested and recently closed a successful oversubscribed raise of finances.

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Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company”) provides shareholders and stakeholders with another of our regular updates.

The last few months have been very good for CRP and its shareholders.

A combination of successful corporate initiatives, helpful background factors include rising fertiliser prices and increasing international focus on the ESG (Environmental, Social and Governance) attributes of companies appear to have significantly changed investor perceptions of our company.

As a result, hundreds of new investors have invested in Chatham in recent months – see more on that below. This groundswell of investor support is most encouraging and it’s a great signal that we are seen to be on the right track given this broad-based support.

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