CRP: Funding Round Successfully Completed

Chatham Rock Phosphate, a mineral exploration company focused on the development and exploration of a marine phosphorite deposit offshore New Zealand, has raised approximately $820,000 in new capital.

The allotment consists of new ordinary shares at $0.12 per share with one new listed CRPOB option allotted with each new share.

This completes the company’s funding round at $0.12 per share and funds the company through the decision point for its Marine Consent application.

It is therefore not intended to seek any additional capital until a decision on the application has been made. As previously indicated to the market the company remains optimistic that a decision on the application will be released in the next few weeks.

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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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