Chatham Rock Phosphate Announces Granting of Options

Key points

  • Chatham Rock Phosphate granted incentive stock options for 2.4 million common shares.
  • The options are exercisable at 12.6 cents (14.2 New Zealand cents) per share.
  • The options have a five-year term.
  • The grant was made to directors, officers, senior management and employees under the company’s stock option plan, subject to TSX Venture Exchange rules.

Chatham Rock Phosphate Ltd. has granted incentive stock options to purchase a total of 2.4 million common shares at a price of 12.6 cents (14.2 New Zealand cents) per share, for a period of five years, to its directors, officers, senior management and employees pursuant to the company’s stock option plan and subject to the TSX Venture Exchange rules and regulations.

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