Kropz Plc (GB:KRPZ) has released an update.
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Kropz Plc, an emerging African phosphate producer, has fully drawn down a ZAR 140 million bridge loan from the ARC Fund to support its immediate cash needs for its Elandsfontein project. The latest drawdown was for ZAR 60 million, completing the utilization of the loan facility. The company is focused on becoming a major player in the phosphate market across sub-Saharan Africa.
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