CHATHAM RETURNS TO PDAC 2022

NEWS RELEASE 22- 09 June 6, 2022


CHATHAM RETURNS TO PDAC 2022 – THE PREMIER WORLD STAGE FOR RESOURCE
INVESTOR OPPORTUNITIES

WELLINGTON, New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZAX:
“CRP” or the “Company") wishes to advise that we will again have a strategically located
booth (#2331) in the Investors Exchange in the Prospectors & Developers Association of
Canada (PDAC) annual conference being staged in Toronto next week.

PDAC is demonstrably the largest mining investment show in the world and has proved to
be a most successful venue for Chatham in the past. Showcasing Chatham at PDAC has led
to subsequent, robust investor support not only from Canada and the USA, but Germany,
Switzerland, and the United Kingdom.

Chatham will be represented by CEO Chris Castle and executive director Colin Randall.

The Chatham Renaissance

Attendance at PDAC 2022 is only a small part of Chatham’s present drive to inform world
markets about our company’s renaissance in the last two years.

Over the last eighteen months Chatham has transformed from a single project company
facing an uncertain and expensive permitting hurdle to a rapidly expanding group of
projects much closer to generating operating cash flows with prospects further boosted by
phosphate prices at 10-year highs.

The acquisition of Avenir Makatea was the first step in the Company’s strategy to build an
international phosphate mining and trading house with a focus on low cadmium, organic
phosphate.

The Makatea Project in French Polynesia is planned to produce 250,000 tpa with an
expected start date of 2024.

The second step was the acquisition of the fully permitted Korella phosphate mine in
Queensland, Australia with its ability to generate positive cash flows starting in 2022.
The Korella Mine is planned to produce 250,000 tpa commencing in 2023.

The third step was the application for an exploration permit over a substantial area
adjacent to the Korella phosphate mine to potentially increase phosphate reserves and
associated rare earths.

The fourth step was the decision to take another value-adding step to its phosphate
production with planned manufacturing of Monocalcium Phosphate (MCP) at Korella South.
The DCP plant is planned to produce 30,000 tpa of MCP starting in 2025.

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Further initiatives including trading rock phosphate, phosphate handling facilities and
establishing rare earth related strategic partnerships are being progressively announced as
they occur.


The presence of rare earth elements within Korella and potentially Korella South provides
the impetus for the Company’s wholly owned Pacific Rare Earths Limited to pursue
strategic partnerships to beneficiate REE from these two projects.

After PDAC, Chatham will meet with groups of existing and interested investors in London,
Munich, Geneva and Zurich, building on earlier investor visits.



For more information contact Chris Castle on 021 558 185 or chris@widespread.co.nz or
check out www.rockphosphate.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.