Chatham Rock Phosphate

Chatham Rock Phosphate updates on Korella lease sale progress. Marshall Group moved to non-exclusive talks and other bidders re-engaged.

Chatham Rock Phosphate closed its private placement of units. It raised gross proceeds of C$111,940 from 1,599,152 units at 7 cents each.

Chatham Rock Phosphate extended its private placement closing date. The $350,000 non-brokered offering now closes March 21, 2025, not March 7.

Chatham Rock Phosphate extended due diligence on its Korella sale. The deadline moved to June 30, 2025, from March 31.

Chatham Rock Phosphate will exhibit at PDAC 2025 in Toronto. The show runs March 2-5 at booth 2933.

Chatham Rock Phosphate is planning to export via Port of Karumba. It has studied this route since September 2023.

Chatham Rock Phosphate plans private placement of 5 million units. Gross proceeds of up to $350,000 will fund permitting and consent costs.

Chatham Rock Phosphate agreed to sell Korella phosphate leases. Marshall Group will pay $4.1-million upfront plus royalties to 2040.

Chatham Rock Phosphate welcomed NZ's Fast-track Approvals Bill. The bill passed its third reading on Dec. 17, easing its marine consent bid.

Chatham Rock Phosphate gave an update on its Korella North mine. Queensland Treasury's bond review is due by end of January 2025.