Chatham Rock arranges $500,000 private placement

Mr. Chris Castle reports CHATHAM ROCK PHOSPHATE LIMITED PRIVATE PLACEMENT Chatham Rock Phosphate Ltd. is proceeding with a non-brokered private placement of up to 10 million units at a price of five Canadian cents per unit (6.2 New Zealand cents or 5.5 Australian cents) for gross proceeds of up to $500,000 (Canadian) ($620,000 (New Zeland) or $550,000 (Australian)). Terms of the issue Each unit will consist of one common share in the capital of the company and one share purchase warrant, which shall be transferable subject to applicable securities legislation. Each warrant will entitle the holder thereof to acquire one common share at a price of 12 Canadian cents per share at any time prior to the date that is 12 months from the date of issuance. In the event that the common shares of the company trade on the TSX Venture Exchange at a closing price of greater than 20 Canadian cents per common share for a period of 20 consecutive trading days at any time after four months and one day after the closing date of the private placement, the company may accelerate the expiry date of the warrants by giving notice to the holders thereof by way of a news release and in such case the warrants will expire on the 30th day after the date of dissemination of such news release. The common shares and warrants issued pursuant to this proposed offering are subject to a hold period of four months plus one day after the closing date of the private placement as provided by securities legislation. Finders' fees may be payable in cash to arm's-length parties in connection with the private placement as permitted under the policies of the TSX Venture Exchange. The private placement is subject to the acceptance by the TSX Venture Exchange and is expected to close on or before Dec. 5, 2025. Disposition of funds The private placement funds raised will be used for general working capital. Eligible investors are encouraged to contact me directly immediately if they wish to participate.