Chatham Rock Phosphate (TSE:NZP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into TSE:NZP stock, check out TipRanks’ Stock Analysis page.
