Drawdown on Bridge Loan Facilities
Kropz Plc announced that its subsidiary, Kropz Elandsfontein (Pty) Ltd, has made its first drawdown of ZAR 100 million from a ZAR 250 million (approximately US$ 14.4 million) loan facility provided by ARC Fund. This facility is intended to support the company's operations as an emerging African phosphate producer.
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Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 8 December 2025 that Kropz Elandsfontein (Pty) Ltd ("Elandsfontein") and ARC Fund ("ARC") (together the "Parties") have agreed to a ZAR 250 million (approximately US$ 14.4 million) loan facility (the "Loan")
The first draw down on the Loan for an amount of ZAR 100 million has been made.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.