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Kropz Unit Lands ZAR250 Million Loan Facility

MT Newswires·12/08/2025 04:14:22
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04:14 AM EST, 12/08/2025 (MT Newswires) -- Kropz (KRPZ.L) subsidiary Kropz Elandsfontein secured a 250 million-rand loan facility from ARC Fund. Kropz Elandsfontein will use the loan, with an interest at the South African prime overdraft interest rate plus 6%, for cashflow and operational expenditure needs, the African phosphate explorer and developer said Monday.