An update from Chatham Rock Phosphate Limited ( (TSE:NZP) ) is now available.
Chatham Rock Phosphate Limited has announced an extension of the closing date for its non-brokered private placement to March 21, 2025, from the previously planned March 7. This extension, approved by the TSX Venture Exchange, allows the company to accept additional subscriptions, potentially increasing its capital raise from the sale of up to 5,000,000 units at CAD 0.07 per unit. This move could enhance the company’s financial position and support its strategic initiatives.
More about Chatham Rock Phosphate Limited
Chatham Rock Phosphate Limited operates in the mining industry, focusing on the extraction and development of rock phosphate resources. The company is listed on multiple stock exchanges, including the TSX Venture Exchange, New Zealand Exchange, and Frankfurt Bourse, indicating its international market presence.
YTD Price Performance: 8.33%
Average Trading Volume: 30,480
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$7.01M
See more data about NZP stock on TipRanks’ Stock Analysis page.