CRP Targets AIM Listing after Marine Consent

Chatham Rock Phosphate will target an AIM listing on the London alternative stock exchange following receipt of its Marine Consent approval, currently expected at the end of November.

The company has been investigating a capital raising and listing over the past few months.

“The directors have decided it is preferable, in terms of restricting dilution and enhancing shareholder value, to have an Initial Public Offering in London after we receive the marine consent,” managing director Chris Castle said.

“As a result sufficient funds are being raised to meet the company’s needs for the next few months.”

Existing shareholders will have the opportunity to participate at the same price as private placements being made.

Related:

CRP: Reduction in Marine Application Area

Questions Raised Over CRP’s Mining Application

Press Release, August 11, 2014

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2019 Western Dredging Association Gulf Coast Chapter Annual Meeting

The meeting will provide a forum for the exchange of information of interest to the dredging industry and its associates.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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