Further to Chatham Rock Phosphate Ltd.’s news release dated July 31, 2017, the company has granted stock options to FronTier Merchant Capital Group, entitling FronTier to purchase up to 75,000 common shares of the company, at a price of 50 cents per common share, exercisable for a period of three years, subject to vesting restrictions over a period of 12 months.
The investor relations agreement between the company and FronTier and the grant of the stock options are subject to regulatory approval.
