Drawdown on Bridge Loan Facilities
Kropz Plc announced a ZAR 50 million drawdown on its ZAR 250 million loan facility with ARC Fund, bringing the total drawn to date to ZAR 100 million and leaving ZAR 100 million available. This facility, initially agreed upon on December 8, 2025, is for Kropz Elandsfontein (Pty) Ltd.
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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 second draw down on the Loan for an amount of ZAR 50 million has been made. ZAR 100 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.