Press releases

Placing and Open Offer
Kropz Plc, an emerging African phosphate explorer and developer, is pleased to announce that it has raised a total of US$ 353,595 (before expenses) by way of an equity placing with an existing investor and two directors, Robin Renwick and Mark Summers, (“Placing”) at a price of 6.75 pence per ordinary share (“Issue Price”).
1 June 2020 | 273.99 KB
Results of General Meeting and Equity Facility Draw Down
Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, is pleased to announce that all the resolutions put to its General Meeting ("GM"), held earlier today Friday, 29 May 2020, were duly passed on a poll. A breakdown of proxy votes lodged prior to the GM will be available shortly on the Company's website. 29 May 2020 | 149.02 KB
Update Regarding BNP Facility
Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, announces that, further to the announcement on 13 May 2020, Kropz Elandsfontein (Pty) Ltd (“Kropz Elandsfontein”), of which the Company holds a 74 per cent. interest, has now entered into a conditional amendment and restatement agreement with BNP Paribas SA (“BNP”). 29 May 2020 | 145.82 KB
Change of Registered Office
Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, announces that the Company’s registered address has changed to 35 Verulam Road, Hitchin, SG5 1QE, United Kingdom. 21 May 2020 | 139.68 KB
Equity Facility, Proposed Placing and Open Offer and General Meeting Notice
Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, announces it has entered into a conditional convertible equity facility of up to US$ 40 million (not exceeding a maximum of ZAR 680 million) with ARC Fund, the Company’s major shareholder (“Equity Facility”). 13 May 2020 | 274.38 KB
Covid-19 Update and South African Directive
Kropz plc (AIM: KRPZ), an emerging African phosphate explorer and developer, advises that, further to the announcement on 12 February 2020, the appeal hearing against Elandsfontein's valid integrated water use licence ("WUL") which was due to reconvene today, has been postponed. 25 March 2020 | 124.26 KB
Elandsfontein Update
Kropz plc (AIM: KRPZ), an emerging African phosphate explorer and developer, advises that, further to the announcement on 12 February 2020, the appeal hearing against Elandsfontein's valid integrated water use licence ("WUL") which was due to reconvene today, has been postponed. 16 March 2020 | 124.99 KB
CEO Resignation
Kropz Plc, an emerging African phosphate explorer and developer, announces that Mr Ian Harebottle has resigned as its Chief Executive Officer (“CEO”) and director, with effect from 29 February 2020. 26 February 2020 | 191.7 KB
Loan Facility
Kropz Plc, an emerging African phosphate explorer and developer, announces that its 74% subsidiary, Kropz Elandsfontein (Pty) Ltd (“Kropz Elandsfontein”) has entered into a R30 million (approximately US$1.98 million) loan facility with Kropz’s major shareholder, the ARC Fund (“ARC”) (the “Loan”). ARC is also Kropz Elandsfontein’s 26% black economic empowerment shareholder in South Africa. 26 February 2020 | 136.97 KB
Corporate and Operational Update
Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, announces a corporate and operations update for its Elandsfontein, Hinda and Aflao projects. 14 February 2020 | 210.82 KB

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