WELLINGTON, New Zealand,
June 7, 2018 /CNW/ - Chatham Rock
Phosphate Limited (TSXV: "NZP" and NZAX: "CRP" or the
"Company") announces that Chatham Rock Phosphate will be
showcasing its project at the National Field Days at Mystery Creek
in Hamilton next week.
The Fieldays event, the largest agribusiness show in the
southern hemisphere, attracted more than 133,000 over four days
last year and attendance in previous years has proven to be a
success for Chatham, according to
Chief Executive Chris Castle.
In the past we have had a stream of people coming to our stall,
wanting to know about the project, our phosphate product and the
investment opportunity.
In recent months we have had significant investor interest from
Waikato-based investors and it's also timely to be discussing our
product's water and soil quality benefits with the multitude of
farmers that will be attending.
We expect again to be visited by farmers who have followed our
project over the past decade in the media, by companies involved in
the industry, by people who are simply curious to learn more about
the project's technical innovations and by loyal shareholders."
Mr Castle said shareholders are welcome to come and meet the
company's representatives from early Wednesday morning until
5pm on Saturday. Our stall is very
strategically positioned right in the west entrance of the main
pavilion.
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 soil profiles 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.
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