Chatham Rock Phosphate Proposes Merger With Phosphate Company Avenir Makatea
Tuesday, 22 December 2020, 2:01 pm WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company") wishes to advise with great pleasure we have successfully concluded negotiations to acquire French Polynesia-based Avenir Makatea Pty Limited. The merger of these New Zealand and French Polynesian companies was negotiated at arm’s length and will result in the formation of a new environmentally and culturally sound phosphate company. Chatham Rock Phosphate is the developer of the undersea Chatham Rise phosphate project to recover phosphorite n...
Source: scoop.co.nz
