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Chatham extends private placement closing date to 7 June

Capital Raise7 May 2021CRPIndustrials

143851\4823-4195-1976


NEWS RELEASE 21-05 May 4, 2021







CHATHAM ROCK EXTENDS PRIVATE

PLACEMENT CLOSING UP TO JUNE 7, 2021


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

“CRP” or the “Company") announces that further to its news release dated March 22, 2021, the

Company has obtained an extension from the TSX Venture Exchange of the deadline to complete the

previously announced non-brokered private placement until June 7, 2021. The private placement is

for up to 6,000,000 units (the “Units”) at a price of CAD $0.11 per Unit (NZ$0.12) for gross proceeds

of up to CAD $660,000 (NZD $720,000). Each Unit will consist of one common share in the capital

of the Company and one transferrable share purchase warrant (“Warrant”). Each Warrant will entitle

the holder thereof to acquire one common share at a price of CAD$0.45 (NZ$0.53) per share at any

time prior to the date that is five (5) years from the date of issuance.

All information previously reported about the Private Placement as well as the terms and conditions

thereof remain the same.

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), nor New

Zealand Exchange Limited has in any way passed upon the merits of the Acquisition and associated transactions, and none

of them accepts responsibility for the adequacy or accuracy of this release.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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