CHATHAM ROCK PHOSPHATE LIMITED ALLOTMENT OF SHARES
Chatham Rock Phosphate Ltd.’s rights issue offer closed on Nov. 24, 2017. The rights issue has raised approximately $549,000 (New Zealand) in new capital.
Chatham Rock Phosphate has issued 1,372,830 ordinary shares to existing shareholders in accordance with the rights issue. The issue price of the shares is 40 New Zealand cents. Shares issued pursuant to the rights issue are subject to a statutory hold period in Canada expiring on April 1, 2018.
The board thanks shareholders for their support.
Full details of the allotments are set out as follows.
Class of security: ordinary shares
ISIN:
CA1621631094
Number issued:
1,372,830
Issue price: 40 New Zealand cents per share
Payment in cash: yesFully paid: yes
Percentage of class:
8.95 per cent
Purpose of the issue: working capital requirements
Total number of ordinary shares on issue following allotments:
16,708,356
Authority for the issue:
TSX Venture Exchange conditional acceptance dated Nov. 1, 2017
Date of issue: Nov. 30, 2017
Class of security: ordinary shares
ISIN:
CA1621631094
Number issued:
1,372,830
Issue price: 40 New Zealand cents per share
Payment in cash: yes
Fully paid: yes
Percentage of class:
8.95 per cent
Purpose of the issue: working capital requirements
Total number of ordinary shares on issue following allotments:
16,708,356
Authority for the issue:
TSX Venture Exchange conditional acceptance dated Nov. 1, 2017
Date of issue: Nov. 30, 2017
