Share
CRP
02/05/2013 11:24
ALLOT
REL: 1124 HRS Chatham Rock Phosphate Limited
ALLOT: CRP: Allotment of Shares
2 May 2013
Allotment of Shares
Chatham Rock Phosphate Limited (NZX: CRP) advises that it has today
undertaken placements at $0.355 per share and at $0.33 per share.
401,514 ordinary shares were issued at an issue price of $0.33 per share to
qualified investors. This has resulted in CRP raising approximately $132,500
in new capital that will be used to progress the Company's phosphate project.
In addition two contractors of the Company (Widespread Portfolios Ltd and
Robin Falconer Associates Ltd) have received 95,069 shares under Contracts
for Service at NZD$0.355. These shares represent partial payment for
services. Pursuant to those contracts for service the issue price of NZ$0.355
per share reflects the 20 day volume weighted average price of a share on the
NZAX market to 28 March 2013.
Chris Castle
Managing Director
Email: [email protected]
Class of security:
Ordinary shares
ISIN: NZWENE0003S0
Number issued: 496,583 ordinary shares
Issue price: $0.33 per ordinary share for 401,514 ordinary shares
$0.355 per ordinary share for 95,069 ordinary shares
Payment in cash: Yes
Fully paid: Yes
Percentage of class: 0.367%
Purpose of the issue: For working capital purposes and partial consideration
of Contracts for Service.
Authority for the issue: Board resolutions
Date of issue: 2 May 2013
Total number of securities on issue following allotments: 135,265,440
ordinary shares
End CA:00235788 For:CRP Type:ALLOT Time:2013-05-02 11:24:10
