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KROPZ PLC

Capital/Financing Update Apr 28, 2022

7754_rns_2022-04-28_83b44720-5c6c-481f-a59a-19825b058ed4.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 6768J

Kropz PLC

28 April 2022

28 April 2022

Kropz Plc

("Kropz" or the "Company")

Bridge Loan Facility Drawdown

Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to confirm that, further to its announcement on 27 April 2022, the Company and the ARC Fund have completed the legal documentation in respect of the ZAR25 million bridge loan facility (the "Loan") and the Loan has been drawn down in full by the Company.

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

Harrison Clarke

George Grainger

Ciara Donnelly
+44 (0) 20 7383 5100
Hannam & Partners Broker
Andrew Chubb

Ernest Bell
+44 (0) 20 7907 8500
Tavistock Financial PR & IR (UK)
Nick Elwes

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 producer and developer of plant nutrient feed minerals with phosphate projects in South Africa and the Republic of 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 focusing on sub-Saharan Africa.

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