CRP Closes Private Placement of 2.3 Million Units

  • Jun 24, 2020 NZST
  • Team Kalkine
CRP Closes Private Placement of 2.3 Million Units

Chatham Rock Phosphate Limited (NZX:CRP) has closed a non-brokered private placement of 2,365,894 units at a price of CAD $0.08 per unit for gross proceeds of CAD$189,271.52 or NZ$236,589.

Each unit comprises of:

  • One transferable share purchase warrant and;
  • One common share in the capital of CRP.

Each whole warrant entitles the holder thereof to acquire one common share at a price of CAD $0.45 or NZ$0.53 per share.


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