TIDMKRPZ

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 
                                 +27 (0) 79 744 
 Mark Summers (CEO)               8708 
 
 Grant Thornton UK LLP           Nominated Adviser 
 Samantha Harrison 
  Harrison Clarke 
  George Grainger                +44 (0) 20 7383 
  Ciara Donnelly                  5100 
 
 Hannam & Partners               Broker 
 Andrew Chubb                     +44 (0) 20 7907 
  Ernest Bell                      8500 
 
 Tavistock                       Financial PR & 
                                  IR (UK) 
 N ick Elwes                     +44 (0) 207 920 
  Jos Simson                      3150 
  Oliver Lamb                     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.

-ENDS-

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END

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(END) Dow Jones Newswires

April 28, 2022 02:27 ET (06:27 GMT)

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