Drawdown on Bridge Loan Facilities
Second drawdown of ZAR 30 million made on bridge loan facility; ZAR 110 million remains available.
- Total bridge loan facility ZAR 200 million (approximately US$ 11.4 million)
- Second drawdown ZAR 30 million
- Remaining available ZAR 110 million
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Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 14 July 2025 that Kropz Elandsfontein (Pty) Ltd ("Elandsfontein") and ARC Fund ("ARC") (together the "Parties") have agreed to a ZAR 200 million (approximately US$ 11.4 million) loan facility (the "Loan")
The second draw down on the Loan for an amount of ZAR 30 million has been made. ZAR 110 million remains available to draw down on the Loan.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.