WELLINGTON, New Zealand,
Feb. 27, 2018 /CNW/ - Chatham Rock
Phosphate Limited (TSXV: "NZP" and NZAX: "CRP" or the
"Company") wishes to advise that we will again have a
strategically located booth in the Investors Exchange in the
Prospectors & Developers Association of Canada (PDAC) annual conference being staged
in Toronto in the first week of
March.
PDAC is reputedly the largest mining investment show in the
world, attracting in excess of 30,000 investor attendees and has
proved to be a most successful venue for Chatham in the past.
The New Zealand Government has long recognised the significance
of this marketing opportunity and NZPaM and GNS Science will again
be there hosting an enlarged booth and presenting the NZ minerals
estate to the world in an Investment Showcase to be held on Tuesday
6th March. Chatham will
be presenting in the Explorer's Experience Session.
Attendance at PDAC 2018 is only a small part of Chatham's present drive to raise further
capital in order to reapply for an environmental permit to
accompany the mining permit we were granted in 2013. Presentations
will be shared next week with groups of existing and possible
investors in Munich, Zurich, Montreal and Toronto building on multiple road shows in
those locations last year.
More TV Coverage
We also wish to advise that an interview of our CEO (to be
filmed while we attend PDAC) will be shown again on selected
Canadian TV channels in forthcoming months. We will advise more
details soon and the clip will again be on the home page of our
website.
About Chatham Rock Phosphate
Chatham Rock Phosphate is the custodian of New Zealand's only material resource of
ultra-low cadmium, environmentally friendly pastoral phosphate
fertiliser. Our key role is connecting the resource with those who
need it.
Using this phosphate will support sustainable farming practices,
including healthier soils and reduced accumulation of the heavy
metal cadmium, reducing carbon emissions and dramatically lowering
runoff to waterways and shrinking fertiliser needs over time.
The resource represents one of New
Zealand's most valuable mineral assets and is of huge
strategic significance because phosphate is essential to maintain
New Zealand's high agricultural
productivity.
New Zealand's current access to
phosphate is vulnerable to economic and political events in the six
countries controlling 98% of the world's phosphate reserves, with
85% of the total in the Western Saharan state of Morocco.
Chatham takes very seriously
the responsibility vested in it through its mining permit to use
the world's best knowledge and technology to safely extract this
resource to help sustainably feed the world.
Our initial environmental consenting process independently
established extraction would have no significant impact on fishing
yields or profitability, marine mammals or seabirds.
We will be at PDAC from 4th to 7th
March. Please visit us at Booth # 2752 in the Investors
Exchange.
Neither the Exchange, its Regulation Service Provider (as
that term is defined under the policies of the Exchange), or NZX
Limited has in any way passed upon the merits of the Transaction
and associated transactions, and has neither approved nor
disapproved of the contents of this press release.
SOURCE Chatham Rock Phosphate