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) |
| Nick 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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