Ann: GENERAL: CRP: CRP targets AIM listing after marine consent

• Release Date: 11/08/14 08:30
• Summary: GENERAL: CRP: CRP targets AIM listing after marine consent
• Price Sensitive: No
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					CRP
11/08/2014 08:30
GENERAL

REL: 0830 HRS Chatham Rock Phosphate Limited

GENERAL: CRP: CRP targets AIM listing after marine consent

Chatham Rock Phosphate will target an AIM listing on the London alternative
stock exchange following receipt of its Marine Consent approval, currently
expected at the end of November.
The company has been investigating a capital raising and listing over the
past few months.

"The directors have decided it is preferable, in terms of restricting
dilution and enhancing shareholder value, to have an Initial Public Offering
in London after we receive the marine consent," managing director Chris
Castle said.
"As a result sufficient funds are being raised to meet the company's needs
for the next few months."

Existing shareholders will have the opportunity to participate at the same
price as private placements being made.

Chris Castle 021 55 81 85 or [email protected]
Please note Chris is currently in London.
End CA:00253660 For:CRP    Type:GENERAL    Time:2014-08-11 08:30:23