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KROPZ PLC

Regulatory Filings Aug 6, 2020

7754_bfr_2020-08-06_e001dd3d-f8a9-48ba-84fa-13a6e4b6f2df.html

Regulatory Filings

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National Storage Mechanism | Additional information

RNS Number : 2889V

Kropz PLC

06 August 2020

6 August 2020

Kropz Plc

("Kropz" or the "Company")

Hinda Logistics Study

Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, is pleased to announce an update for its Hinda phosphate project ("Hinda" or the "Project") located in the Republic of the Congo ("RoC").

The Company has appointed Hatch, a leading global engineering and construction firm, to conduct a focussed assessment on the export logistics capacity at its proposed port site in Pointe-Noire, in the RoC, which is 50 km from Hinda. The results of the study will confirm the achievable capacity through the proposed port site in Pointe-Noire and highlight any major drivers influencing throughput, from truck receiving to vessel loading.  This, in turn, will enable Kropz to determine the capacity for the first phase of the mining and beneficiation plant at Hinda. The Company will announce the results as soon as they become available.

For further information visit www.kropz.com or contact:

Kropz Plc
Mark Summers (CEO) +27 (0) 79 744 8708
Grant Thornton UK LLP Nominated Adviser
Samantha Harrison

Niall McDonald
+44 (0) 20 7383 5100
Hannam & Partners Joint Broker
Andrew Chubb

Ernest Bell
+44 (0)20 7907 8500
Mirabaud Securities Ltd Joint Broker
Rory Scott

Edward Haig-Thomas
+44 (0)20 3167 7220

+44 (0)20 3167 7222
Tavistock Financial PR & IR (UK)
Emily Moss

Jos Simson

Oliver Lamb
+44 (0) 207 920 3150

[email protected]
R&A Strategic Communications PR (South Africa)
James Duncan +27 (0)11 880 3924

[email protected]

About Kropz Plc

Kropz is an emerging African phosphate explorer and developer, with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of the Congo. The vision of the Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focussed on sub-Saharan Africa.

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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