Phosphate miner CRP adds $512k to kitty in capital-raising

Tue, 07 Oct 2014

By Pattrick Smellie Oct. 7 (BusinessDesk) - Would-be seabed phosphate miner, Chatham Rock Phosphate, will put just over half a million dollars in the kitty after its latest round of capital-raising, which attracted support from smaller shareholders after its larger investors had stumped up earlier in the year. Managing director Chris Castle, in a statement to the NZAX platform, said CRP has issued 4,269,842 ordinary shares and 4,269,842 listed options to existing shareholders at 12 cents a share, with one option granted per share subscrib...

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