CRP advises New Zealand share purchase plan timetable

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NEWS RELEASE 18-16 June 25, 2018




CHATHAM ROCK PHOSPHATE CONFIRMS NEW ZEALAND SHARE
PURCHASE PLAN TIMETABLE

WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZAX:
“CRP” or the “Company") advised on 21 June that it intended to undertake a share purchase plan
offer to existing shareholders.

CRP now wishes to confirm the timetable for the offering as it relates to New Zealand resident
shareholders:

Record Date: 5pm, Friday 29 June 2018.

Offer Opens: Monday 2 July 2018.

Offer Closes: Friday 20 July 2018.

Allotment: on or before Friday 27 July 2018.

The offer will also be made to Canadian resident shareholders however the record date for the
Canadian component of the offering was 19 June 2018.

Under the share purchase plan all shareholders, regardless of the size of their existing shareholding,
are offered the opportunity to purchase up to 20,000 Units at a cost of up to CAD$5,000, or
NZD$5,280 with the ability to apply for oversubscriptions.

Each Unit will consist of one (1) common share in the capital of the Company and one-half of one (½)
non-transferable share purchase warrant (“Warrant”). Each whole Warrant entitles the holder to
acquire one common share at a price of CAD$0.45 per share at any time prior to the date that is two
years from the date of issuance. In the event that the common shares of the Company trade on the
TSX Venture Exchange at a closing price of greater than CAD$0.60 per common share for a period of
20 consecutive trading days at any time after four months and one day after the closing date of the
private placement, the Company may accelerate the expiry date of the Warrants by giving notice to
the holders thereof by way of a news release and in such case the Warrants will expire on the 30th day
after the date of dissemination of the news release.

Completion of the offering is subject to receipt of the approval of the TSX Venture Exchange to list
the Common Shares underlying the Units and the Warrants on the Exchange. All securities issued
pursuant to the offering will be subject to a four month and one day hold period in Canada in
accordance with applicable Canadian securities laws.

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For further information please contact

Chris Castle
President and Chief Executive Officer
Chatham Rock Phosphate Limited
64 21 55 81 85 or chris@crpl.co.nz

Neither the Exchange, its Regulation Service Provider (as that term is defined under the policies of the
Exchange), or NZX Limited has in any way passed upon the merits of the Transaction and associated
transactions, and has neither approved nor disapproved of the contents of this press release.