Chatham Rock plans listing on London AIM exchange within three months

Wed, 26 Feb 2014

Feb. 26 (BusinessDesk) - Chatham Rock Phosphate, which is developing a project to mine phosphate from the sea floor for use as fertiliser, is planning a rights issue for existing shareholders in March, and expects to list on London’s AIM market after several UK investors signalled they would back the venture. The company will make “a very attractively priced rights issue to existing shareholders” on March 14, which will be tradable and renounceable, it said in a statement. That comes after managing director Chris Castle met with several inves...

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