Drawdown on Bridge Loan Facilities
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Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 11 July 2024 that it had entered into a new bridge loan facility of ZAR 140 million (the "Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd.
The second draw down on the Loan for an amount of ZAR 60 million has been made. The loan is now fully drawn
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