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Kropz PLC (KRPZ)

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Thursday 24 October, 2019

Kropz PLC

Elandsfontein Update

RNS Number : 9402Q
Kropz PLC
24 October 2019
 

24 October 2019

Kropz Plc
("Kropz" or the "Company")

Elandsfontein Update

Kropz plc (AIM: KRPZ), an emerging African phosphate producer, advises that, the appeal hearing against Elandsfontein's valid integrated water use licence which commenced on Tuesday, 22 October 2019, as previously announced, has been postponed. The final appeal hearing will now take place from 11 to 13 December 2019.

For further information visit www.kropz.com or contact:

 

Kropz Plc

 

Ian Harebottle (CEO)

+44 (0) 1892 516 232

 

 

Grant Thornton UK LLP

Nominated Adviser

Richard Tonthat

Samantha Harrison

Ben Roberts

+44 (0) 20 7383 5100

 

 

Hannam & Partners

Joint Broker

Andrew Chubb

Ernest Bell

 +44 (0)20 7907 8500

 

Mirabaud Securities Ltd

Joint Broker

Rory Scott

Edward Haig-Thomas

+44 (0)20 3167 7220

+44 (0)20 3167 7222

 

 

Tavistock

Financial PR & IR (UK)

Emily Moss

Jos Simson

Oliver Lamb

+44 (0) 207 920 3150

[email protected]

 

Russell & Associates

PR (South Africa)

Charmane Russell

James Duncan

+27 (0)11 880 3924

[email protected] 

 

About Kropz Plc

Kropz is an emerging plant nutrient producer with phosphate projects in South Africa and the Republic of Congo ("RoC"), and an exploration asset in Ghana. The vision of the Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

Kropz's Elandsfontein Phosphate Project is a near-term producing asset in South Africa's Western Cape Province, close to export infrastructure and primed to take advantage of a recovery in phosphate prices.

The Company's medium-term development asset is the Hinda Phosphate Project in the RoC.

The Company has also secured a prospecting right in Ghana, to undertake further exploration work on the Aflao Project, the potential extension of the well-known, high grade and historically exploited Hahotoe-Kpogame-Kpeme deposit in Togo.

 

-ENDS-


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