Press releases 2023

  • BNP loan facility agreement update

    The Company is in the process of refinancing the BNP loan facility (outstanding amount US$ 15,000,000). BNP has extended its waiver period to 31 March 2024. A replacement loan is expected to be in place by the first quarter of 2024, before expiry of the facility. | | 66.86 KB
  • Further loan facility, update on BNP Paribas loan

    Kropz Elandsfontein (Pty) Ltd (“Elandsfontein”) and ARC Fund (“ARC”) have agreed to a ZAR 115 million (approximately US$ 6 million) loan facility (the “Loan”) due to the delay in arranging re-financing of the BNP loan facility (outstanding amount US$ 15 million). | | 107.32 KB
  • Drawdown on Convertible Equity Facility and Bridge Loan

    Kropz Plc announced on 14 November 2022 that it had entered into a new conditional convertible equity facility of up to ZAR 550 million ("ZAR 550 Million Equity Facility") (approximately US$ 31.6 million), with ARC Fund ("ARC"), the Company's major shareholder. | | 66.71 KB
  • Change of Accounting Reference Date

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  • Drawdown on Bridge Loan Facilities

    Kropz Plc announced on 14 September 2023 that it had entered into new bridge loan facilities of ZAR 250 million (the “"Loan"”) with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd. | | 63.6 KB
  • BNP loan facility agreement update

    The Company is in the process of refinancing the BNP loan facility (outstanding amount US$ 15,000,000). BNP has extended its waiver period to 31 December 2023. A replacement loan is expected to be in place by the last quarter of 2023, before expiry of the facility. | | 66.95 KB
  • Unaudited Half Year Results for the Six Months ended 30 June 2023

    As the Company entered the new financial period it started with the first sales being recorded from the trial production phase. The group recorded revenue of US$ 14.1 million for the six months ended 30 June 2023. | | 416.32 KB
  • Drawdown on Bridge Loan Facilities

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 14 September 2023 that it had entered into new bridge loan facilities of ZAR 250 million (the "Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd. | | 63.33 KB
  • Elandsfontein phosphate operational update, further loan facility and update on the existing BNP Paribas (“BNP”) loan facility agreement

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  • Result of General Meeting

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  • Drawdown on Bridge Loan Facilities

    Kropz Plc, announced on 14 March 2023 that it had entered into new bridge loan facilities of ZAR 285 million (the "Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd. | | 60.43 KB
  • Final Audited Results for the Year ended 31 December 2022

    Kropz Plc announces Final Audited Results for the Year ended 31 December 2022 and the publication of the Company’s Annual Report and Accounts. | | 713.57 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 30 June 2023, were duly passed on a show of hands. A breakdown of proxy votes lodged prior to the AGM will be available shortly on the Company's website. | | 95.49 KB
  • Trading Update Update on Annual Accounts and Suspension of Trading of Shares

    Kropz plc, an emerging African phosphate producer, is pleased to announce further sales of 33,000 tonnes of phosphate concentrate from Kropz Elandsfontein (Pty) Ltd during June 2023. This brings sales to date to 130,000 tonnes. | | 116.17 KB
  • Drawdown on Bridge Loan Facilities

    Kropz Plc announced on 14 March 2023 that it had entered into new bridge loan facilities of ZAR 285 million with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd. | | 63.87 KB
  • Notice of Annual General Meeting

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  • Elandsfontein phosphate project sales update and further drawdown of bridge loan facilities

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to announce further sales of 43,886 tonnes of phosphate concentrate from Kropz Elandsfontein (Pty) Ltd (“Elandsfontein”) during April 2023. The Company is pleased to be able to report this continuation of sales and expects to update the market quarterly going forwards as sales continue. | | 67.67 KB
  • Drawdown on Bridge Loan Facilities

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 14 March 2023 that it had entered into new bridge loan facilities of ZAR 285 million (the "Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd. | | 63.5 KB
  • Elandsfontein phosphate project sales update and further bridge loan facilities

    Kropz Plc today advised the sale of a further 20,000 tonnes of phosphate concentrate from its Elandsfontein mine in South Africa’s Western Cape Province. This sale follows on the first bulk sale recorded in January 2023. | | 113.67 KB
  • Drawdown On New Convertible Equity Facility

    Kropz Plc (AIM: KRPZ) is pleased to confirm that it has made its fourth drawdown request under the new ZAR 550 million convertible equity facility from the Company's largest shareholder, ARC Fund (“ZAR 550 Million Equity Facility”), as announced on 14 November 2022. | | 65.81 KB
  • Drawdown On New Convertible Equity Facility

    Kropz Plc (AIM: KRPZ) is pleased to confirm that today it has made its third drawdown request under the new ZAR 550 million convertible equity facility from the Company's largest shareholder, ARC Fund (“ZAR 550 Million Equity Facility”), as announced on 14 November 2022. | | 35.25 KB
  • First Bulk Sale From Elandsfontein Phosphate Project

    Further to its announcement on 19 December 2022, Kropz Plc is pleased to confirm its first shipment and sale of 33,000 tonnes of phosphate concentrate from Kropz Elandsfontein (Pty) Ltd | | 96.25 KB
  • Appointment of Chief Executive Officer

    Kropz Plc announces the appointment of Louis Loubser to the board of the Company as Chief Executive Officer (“CEO”) and executive director with immediate effect. As previously announced, Mark Summers has now left the board. | | 153.98 KB
  • Update of Mineral Resource Estimate for Elandsfontein

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to announce an update to the JORC (2012) compliant Mineral Resource Estimate (“MRE”) at its South African phosphate project, Elandsfontein Phosphate Project (“Elandsfontein”), following additional infill drilling, relogging of historical cores and mapping of ore exposures as intersected within the current... | | 215.68 KB