Chatham Rock Phosphate (TSE:NZP) has released an update.
Chatham Rock Phosphate Limited has successfully completed a private placement, issuing nearly 3.9 million shares to raise over CA$310,000. The capital will accelerate mine development in Queensland, support permitting in French Polynesia, and bolster general working capital. Securities from this placement are subject to a trading hold until September 11, 2024.
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