Industry Update: Straterra - Discussion on seabed mining welcomed

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Straterra welcomes Environment Minister David Parker’s announcement that he has asked Parliament’s Environment Select Committee to conduct an inquiry into seabed mining.

“It is good to see that Minister Parker’s Government will not support a member’s bill from Debbie Ngarewa-Packer banning seabed mining without looking at all the facts and evidence first,” says Straterra chief executive Josie Vidal.

“We are ready and willing for the conversation about the role that minerals recovered by seabed mining could play in New Zealand’s transition to a decarbonised economy,” Vidal says.

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Media Coverage: Daily Company News - Chatham Confirms Significant Progress In Its Monocalcium Phosphate Project

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Chatham Rock Phosphate Limited, “CRP” or “the Company” (TSXV: “NZP”, NZX: “CRP” FSE “3GRE”) wishes to announce that our wholly-owned Australian subsidiary, Korella MCP Pty Ltd., has taken a significant first step in its march to become the sole Australian producer of monocalcium phosphate (MCP).

The first step to produce MCP is to produce the precursor weak phosphoric acid (WPA) which has just been successfully accomplished in bench scale tests at Monash University.

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Media Coverage: Superb Crew - Chatham Rock Phosphate announces private placement

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Chatham Rock Phosphate Limited, “CRP” or “the Company” (TSXV: “NZP”, NZX: “CRP” FSE “3GRE”) wishes to announce that the Company is proceeding with a non-brokered private placement (the “Private Placement“) of up to 30,000,000 units (the “Units“) at a price of CAD $0.13 per Unit (NZ$0.154) for gross proceeds of up to CAD $3,900,000 (NZD $4,620,000).

Each Unit will consist of one common share in the capital of the Company and one (1) transferable share purchase warrant (“Warrant“), transferable subject to applicable securities legislation. Each Warrant will entitle the holder thereof to acquire one common share at a price of CAD $0.45 per share at any time prior to the date that is three (3) years from the date of issuance.

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