WELLINGTON, NZ, Feb. 8, 2018 /CNW/ - Chatham Rock Phosphate Limited (TSXV: "NZP" and NZAX: "CRP" or the "Company") is pleased to announce that it has been invited to present at the NZ Minerals Forum 2018, to be held in Queenstown in May this year.
The event, which is supported by the New Zealand Government (NZ Petroleum & Minerals), Straterra and Freeman Media, is designed to showcase New Zealand's minerals potential and to attract new investors to New Zealand.
It's a tribute to our project that we have been selected to deliver the opening presentation in the company investment opportunities section. Registrations to date already confirm that this event has attracted hundreds of focused potential investors and Chatham intends to take full advantage of this marketing opportunity.
To learn more about the conference, visit www.mineralsforum.co.nz
About Chatham Rock Phosphate
Chatham Rock Phosphate is the custodian of New Zealand's only material resource of 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, dramatically lowering runoff to waterways and shrinking fertiliser needs over time.
The resource has an estimated worth of $5 to $7 billion, representing 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 established extraction would have no significant impact on fishing yields or profitability, marine mammals or seabirds.
Neither the Exchange, its Regulation Service Provider (as that term is defined under the policies of the Exchange), or New Zealand Exchange 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
For further information: Chris Castle, President and Chief Executive Officer, Chatham Rock Phosphate Limited, 64 21 55 81 85 or [email protected]