Share
- Release Date: 24/03/14 12:54
- Summary: RIGHT: CRP: Update to Rights Issue Timetable
- Price Sensitive: No
- Download Document 2.17KB
CRP
24/03/2014 10:54
RIGHT
REL: 1054 HRS Chatham Rock Phosphate Limited
RIGHT: CRP: Update to Rights Issue Timetable
24 March 2014
Further to the announcements last week, CRP advises that there has been an
adjustment to the timetable for its rights issue.
The key change to the timetable is that the rights trading period will now
commence this Thursday, 27 March, the same date as the Record Date. The offer
period remains the same as previously advised.
An updated timetable for the offer is set out below.
Chris Castle
Chief Executive
Chatham Rock Phosphate Limited
Wednesday, 19 March 2014 Prospectus Registration Date
Wednesday, 19 March 2014 until Wednesday, 26 March 2014 FMA consideration
period
Thursday, 27 March 2014 Rights trading commences on NZX Alternative Market
Thursday, 27 March 2014 (5pm) Record Date for determining entitlements
Friday, 28 March 2014 Prospectus and Entitlement and Acceptance Form mailed
to Eligible Shareholders
Friday, 11 April 2014 Rights trading ceases (5.00pm)
Thursday, 17 April 2014 Offer closes (last day for receipt of Entitlement and
Acceptance Forms by the Share Registrar) (5.00pm)
Tuesday, 22 April 2014 Allotment date and expected commencement of trading of
New Shares applied for by Existing Shareholders.
Tuesday, 29 April 2014 Allotment date for Shortfall subscribed for by
Underwriter.
About CRP
CRP holds a strategic, multi-million tonne organic rock phosphate deposit
uniquely positioned to access Asian and Australasian fertiliser markets. It
was granted a 20-year mining licence in 2013 and has recently applied for new
prospecting licences both east and west of its existing licence areas that
could significantly increase the scope of resources. CRP is currently
finalising its Environmental Impact Assessment for its Marine Consent
application.
CRP has appointed Wimmer Financial to manage international capital raising
for the company with a view to seeking an AIM Listing in the near future.
Wimmer Financial is an international corporate advisory firm, specialising in
natural resources, with a global reach through a network of close partners
and clients all over the world.
End CA:00248612 For:CRP Type:RIGHT Time:2014-03-24 10:54:08
