Bridge Loan Facility Drawdown

RNS Number : 6768J
Kropz PLC
28 April 2022
 

28 April 2022

Kropz Plc

("Kropz" or the "Company")

 

Bridge Loan Facility Drawdown

 

Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to confirm that, further to its announcement on 27 April 2022, the Company and the ARC Fund have completed the legal documentation in respect of the ZAR25 million bridge loan facility (the "Loan") and the Loan has been drawn down in full by the Company.

 

For further information visit   www.kropz.com  or contact:

 

Kropz Plc


Mark Summers (CEO)

+27 (0) 79 744 8708



Grant Thornton UK LLP

Nominated Adviser

Samantha Harrison

Harrison Clarke

George Grainger

Ciara Donnelly

+44 (0) 20 7383 5100



Hannam & Partners

Broker

Andrew Chubb

Ernest Bell

 +44 (0) 20 7907 8500



Tavistock

Financial PR & IR (UK)

N ick Elwes

Jos Simson

Oliver Lamb

+44 (0) 207 920 3150

kropz@tavistock.co.uk



R&A Strategic Communications

PR (South Africa)

James Duncan

+27 (0) 11 880 3924

james@rasc.co.za 

 

About Kropz Plc

Kropz is an emerging African producer and developer of plant nutrient feed minerals with phosphate projects in South Africa and the Republic of Congo. The vision of the Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

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