CRP
28/11/2014 15:39
ALLOT
NOT PRICE SENSITIVE
REL: 1539 HRS Chatham Rock Phosphate Limited
ALLOT: CRP: Chatham Rock Phosphate: Allotment Announcement
28 November 2014
Funding Round Successfully Completed
Chatham Rock Phosphate is pleased to advise that it has raised approximately
$820,000 in new capital. The allotment consists of new ordinary shares at
$0.12 per share with one new listed CRPOB option allotted with each new
share.
This completes the company's funding round at $0.12 per share and funds the
company through the decision point for its Marine Consent application. It is
therefore not intended to seek any additional capital until a decision on the
application has been made. As previously indicated to the market the company
remains optimistic that a decision on the application will be released in the
next few weeks.
The Board thanks shareholders for their strong belief in and support of the
project.
Full particulars of the allotments are set out below.
Chris Castle
Chief Executive
Email: [email protected]
Class of security:
Ordinary shares
Options (CRPOB)
ISIN:
NZWENE0003S0 - Shares
NZCRPE0001S3 - Options
Total number issued:
6,785,994 Shares
6,785,994 Options
Issue price: $0.12 per Share
Options have an exercise price of $0.688 to receive a Share
Payment in cash: Yes
Fully paid: Yes
Percentage of class:
Shares 3.33%
Options 14.69%
Purpose of the issue: For working capital purposes
Authority for the issue: Board resolutions
Date of issue: 28 November 2014
Total number of securities on issue following allotments: 210,347,901 Shares
52,972,305 Options
End CA:00258263 For:CRP Type:ALLOT Time:2014-11-28 15:39:46
