Chatham Rock Phosphate Announces Granting of Options

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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