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Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company“) announces that further to its news release dated May 4, 2021, the Company has obtained a further extension from the TSX Venture Exchange of the deadline to complete the previously announced non-brokered private placement until June 17, 2021. The private placement is for up to 6,000,000 units (the “Units”) at a price of CAD $0.11 per Unit (NZ$0.12) for gross proceeds of up to CAD $660,000 (NZD $720,000). Each Unit will consist of one common share in the capital of the Company and one transferable share purchase warrant (“Warrant”). Each Warrant will entitle the holder thereof to acquire one common share at a price of CAD$0.45 (NZ$0.53) per share at any time prior to the date that is five (5) years from the date of issuance.
