Drawdown on Bridge Loan Facilities
Second drawdown of ZAR 80 million made on bridge loan facility; ZAR 20 million remains available.
- Total bridge loan facility ZAR 200 million (approximately US$ 12.3 million)
- Second drawdown amount ZAR 80 million
- Remaining available to draw ZAR 20 million
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Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 15 July 2026 that Kropz Elandsfontein (Pty) Ltd ("Elandsfontein") and Ubunto-Botho Investments (Pty) Ltd ("UBI") (together the "Parties") have agreed to a ZAR 200 million (approximately US$ 12.3 million) (the "Loan").
The second draw down on the Loan for an amount of ZAR 80 million has been made. ZAR 20 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.