CRP Private Placement

NEWS RELEASE 17-6 March 29, 2017 CHATHAM ROCK PHOSPHATE LIMITED PRIVATE PLACEMENT WELLINGTON New Zealand - Chatham Rock Phosphate Limited (TSXV: "NZP" and NZAX: "CRP" or the "Company") wishes to announce a private placement of 89,764 common shares at a price of $0.37 per common share for gross proceeds of $33,213. The proceeds from the private placement will be used for general working capital. The private placement is subject to the acceptance by the TSX Venture Exchange. For additional information contact: Chris Castle Chief Executive Officer Chatham Rock Phosphate Limited Email: chris@crpl.co.nz Cell: +64 21 558 185 Skype: phosphateking www.rockphosphate.co.nz Neither the Exchange, its Regulation Service Provider (as that term is defined under the policies of the Exchange), or New Zealand Exchange Limited has in any way passed upon the merits of the Transaction and associated transactions, and has neither approved nor disapproved of the contents of this press release. End CA:00299022 For:CRP Type:PLACE Time:2017-03-29 17:03:45