Press releases 2020

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  • Equity Facility Draw Down

    Kropz Plc (AIM: KRPZ) is pleased to confirm that it has made its third quarterly draw down requestKropz Plc (AIM: KRPZ) is pleased to confirm that it has made its third quarterly draw down requestunder the equity facility with Kropz’s major shareholder, the ARC Fund. The equity facility is for anamount of US$ 40 million (which cannot exceed ZAR 680 million) as announced on 13 May 2020("Equity... | | 120.74 KB

  • Elandsfontein management update

    Mr Jan Steenkamp has resigned as Managing Director of Kropz Elandsfontein (Pty) Ltd ("Kropz Elandsfontein"), effective today. His executive responsibilities will be assumed by the Company’s Chief Operations Officer, Michelle Lawrence. | | 170.62 KB

  • Equity Facility Draw Down

    Kropz plc (AIM: KRPZ) is pleased to confirm that it has made its second quarterly draw down request under the equity facility with Kropz’s major shareholder, the ARC Fund. The equity facility is for an amount of US$ 40 million (which cannot exceed ZAR 680 million) as announced on 13 May 2020 ("Equity Facility"). | | 127.92 KB

  • Equity facility quarterly draw down update

    Kropz plc (AIM: KRPZ) is providing an update on the expected timing of its second quarterly draw down request under the equity facility with Kropz’s major shareholder, the ARC Fund. This is now expected to occur on or around 23 September 2020. | | 123.19 KB

  • Elandsfontein Update regarding Water Tribunal (“Tribunal”)

    Kropz plc (AIM: KRPZ) advises that, further to the announcement on 20 August 2020, the appeal hearing against Elandsfontein's valid integrated water use licence ("WUL") which was due to reconvene today, has been postponed. | | 118.09 KB

  • Result of AGM

    Kropz plc, an emerging African phosphate producer, is pleased to announce that all the resolutions put to its Annual General Meeting (“AGM”) held earlier today, Friday 28 August 2020, were duly passed on a poll. | | 117.64 KB

  • Elandsfontein Update regarding Water Tribunal (“Tribunal”)

    Kropz plc, an emerging African phosphate explorer and developer, advises that, further to the announcement on 16 March 2020, it has been notified that from 3 September 2020 three days have been scheduled for the hearing against Elandsfontein's valid integrated water use licence ("WUL"). | | 119.86 KB

  • Hinda Logistics Study

    Kropz Plc, 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 t | | 122.46 KB

  • CEO Appointment and Issue of LTIP Awards & Warrants

    Kropz Plc, an emerging African phosphate explorer and developer, is pleased to announce that the Board has appointed Mark Summers as the Company’s Chief Executive Officer (“CEO”) with immediate effect. | | 178.44 KB

  • Final Results for the Period ended 31 December 2019, Posting of Annual Report and Accounts and Notice of Annual General Meeting

    Kropz plc, an emerging African producer of plant nutrient feed minerals, announces its results for the year ended 31 December 2019 and the publication of the Company's Annual Report. | | 714.71 KB

  • Results of Open Offer

    Kropz Plc, announces the results of its Open Offer, which was announced on 1 June 2020 and closed for acceptances, in accordance with its terms, at 11.00 a.m. on 26 June 2020. | | 179.54 KB

  • Equity Facility and BNP Facility Update, Extension for Financial Reporting Deadline and Issue of Shares

    Kropz Plc announces that, further to the announcement on 29 May 2020, it has now satisfied the conditions precedent in respect of the amendment and restatement agreement between Kropz Elandsfontein (Pty) Ltd (“Kropz Elandsfontein”), of which the Company holds a 74 per cent. | | 153.47 KB

  • Final Extension of Open Offer Closing Date and Equity Facility Draw Down Update

    Further to the Company’s announcements of 10 and 12 June 2020, Kropz Plc (AIM: KRPZ) announces that it will extend further, for the final time, the latest time and date for receipt of completed Application Forms and payment in full under the Open Offer, or settlement of the relevant CREST instructions (as appropriate), from 11.00 a.m. on 19 June 2020 to 11.00 a.m. on 26 June 2020. | | 181.52 KB

  • Extension of Open Offer Closing Date

    Further to the Company’s announcement of 1 June 2020, Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, announces that it will extend the latest time and date for receipt of completed Application Forms and payment in full under the Open Offer or settlement of the relevant CREST instructions (as appropriate) from 11.00 a.m. on 15 June 2020 to 11.00 a.m. on 19 June 2020. | | 158.35 KB

  • Equity Facility Draw Down Update

    Kropz Plc, an emerging African phosphate explorer and developer, advises that, further to the announcements on 13 and 29 May 2020, where Kropz entered into a conditional convertible equity facility of up to US$ 40 million (not exceeding a maximum of ZAR 680 million) (“Equity Facility”) with the ARC Fund, the Company’s major shareholder, it now expects to make its first draw down of the Equity... | | 140.81 KB

  • 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”).

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  • 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. | | 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”). | | 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. | | 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”). | | 274.38 KB

  • Covid-19 Update and South African Directive

    Kropz plc (AIM: KRPZ), an emerging African phosphate explorer and developer, notes the directive issued by the South African Government to contain the spread of the Coronavirus involving a 21-day national lockdown, from midnight Thursday, 26 March 2020 to midnight Thursday, 16 April 2020 (the “Directive”). | | 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. | | 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. | | 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. | | 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. | | 210.82 KB

  • Elandsfontein Update

    Kropz plc (AIM: KRPZ), an emerging African phosphate explorer and developer, advises that, further to the announcement on 6 February 2020, the appeal hearing against Elandsfontein's valid integrated water use licence ("WUL") was heard by the Water Tribunal ("Tribunal") from 6 to 8 February 2020. | | 118.03 KB

  • Elandsfontein Update - Water Tribunal

    Kropz plc advises that, further to the announcement on 18 December 2019, the appeal hearing against Elandsfontein’s valid integrated water use licence resumed today following a request by the Tribunal for a continuation. | | 122.22 KB
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