Kropz aiming to raise US$4 million to fund Elandsfontein phosphate production
Published by Nicholas Woodroof,
Editor
World Fertilizer,
In conjunction, the company has launched an open offer to existing shareholders to raise up to a further US$4 million, before expenses, at the issue price.
The proceeds will be used to bring the company's Elandsfontein phosphate project, located in South Africa, into production, and subject to funding raised, advance the new feasibility study at its Hinda phosphate project in the Republic of Congo, and for general working capital purposes.
Read the article online at: https://www.worldfertilizer.com/phosphates/03062020/kropz-aiming-to-raise-us4-million-to-fund-elandsfontein-phosphate-production/
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