Drawdown on Bridge Loan Facilities
Kropz Plc has announced the final drawdown of ZAR 20 million on its ZAR 200 million (approximately US$ 12.3 million) bridge loan facility with Kropz Elandsfontein (Pty) Ltd and Ubunto-Botho Investments (Pty) Ltd, bringing the loan to its full drawn amount. This development signifies the complete utilization of the agreed-upon funding.
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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 final draw down on the Loan for an amount of ZAR 20 million has been made. The loan is now fully drawn.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.