Chatham Rock corrects mineral resource disclosures

Executive Summary

• Chatham Rock Phosphate Ltd. issues a correction after a BC Securities Commission review, stating that its prior economic analysis for the Chatham Rise project was not supported by a compliant NI 43‑101 technical report.
• Investors are instructed not to rely on the previously disclosed economic analysis until a new NI 43‑101‑compliant technical report is filed on SEDAR+.
• The company invokes Safe Harbor protection for any forward‑looking statements contained in its prior materials.

Key Details

• The corporate presentation and website information regarding the Chatham Rise project lacked an economic analysis backed by a compliant NI 43‑101 technical report.
• No new technical report has been filed; the company will file a revised report on SEDAR+ before any economic conclusions are presented to investors.
• Investors are cautioned that prior economic figures and projections should not be considered reliable.
• The correction is issued in response to a review by the British Columbia Securities Commission.

Notable Quotes

“Investors should not rely on the economic analysis information in the company's corporate presentation and website until a new technical report is filed on SEDAR+.” – Chris Castle, President & CEO, Chatham Rock Phosphate Ltd.