Funding Round Successfully Completed
Chatham Rock Phosphate is pleased to advise that it has raised approximately $820,000 in new capital. The allotment
consists of new ordinary shares at $0.12 per share with one new listed CRPOB option allotted with each new share.
This completes the company’s funding round at $0.12 per share and funds the company through the decision point for its
Marine Consent application. It is therefore not intended to seek any additional capital until a decision on the
application has been made. As previously indicated to the market the company remains optimistic that a decision on the
application will be released in the next few weeks.
The Board thanks shareholders for their strong belief in and support of the project.
Class of security:Ordinary shares
Options (CRPOB)ISIN:NZWENE0003S0 – Shares
NZCRPE0001S3 – OptionsTotal number issued:6,785,994 Shares
6,785,994 OptionsIssue price:$0.12 per Share
Options have an exercise price of $0.688 to receive a SharePayment in cash:YesFully paid:YesPercentage of class:Shares 3.33%
Options 14.69%Purpose of the issue:For working capital purposesAuthority for the issue:Board resolutions Date of issue:28 November 2014Total number of securities on issue following allotments:210,347,901 Shares
52,972,305 Options
ENDS