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Kropz Plc ( (GB:KRPZ) ) has issued an update.
Kropz Plc has announced an extension of the legal stay on a claim involving its subsidiary, Cominco Resources Limited, regarding an alleged breach of a right of first refusal by Teh Hong Eng Investments Holding Limited and Meridian Investment Group. The stay, initially set to expire in July 2025, has now been extended until December 31, 2025, allowing more time for legal proceedings and potentially impacting the company’s operations and stakeholder relations.
More about Kropz Plc
Kropz Plc is an emerging African phosphate producer and developer with projects in South Africa and the Republic of Congo. The company aims to become a leading independent phosphate rock producer and develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.
Average Trading Volume: 93,323
Technical Sentiment Signal: Sell
Current Market Cap: £10.19M
For an in-depth examination of KRPZ stock, go to TipRanks’ Overview page.