Kropz PLC Elandsfontein Update (9402Q)

TIDMKRPZ

RNS Number : 9402Q

Kropz PLC

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                 +44 (0)20 3167 7220 
  Edward Haig-Thomas         +44 (0)20 3167 7222 
 
 Tavistock                  Financial PR & IR (UK) 
 Emily Moss                 +44 (0) 207 920 3150 
  Jos Simson                 kropz@tavistock.co.uk 
  Oliver Lamb 
 
 Russell & Associates       PR (South Africa) 
 Charmane Russell           +27 (0)11 880 3924 
  James Duncan               charmane@rair.co.za

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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