Drawdown on Bridge Loan Facilities
Third drawdown of ZAR 80 million made on ZAR 200 million bridge loan facility with ARC Fund.
- Total bridge loan facility ZAR 200 million (approximately US$ 11.4 million)
- Third drawdown amount ZAR 80 million
- Remaining available to draw ZAR 30 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 third draw down on the Loan for an amount of ZAR 80 million has been made. ZAR 30 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.