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/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Kenya’s President launches Africa green industrialisation initiative
William Ruto, President of Kenya, and the UAE joined to convene African Heads of State and other prominent personalities in a landmark event at COP28 to accelerate Africa’s green industrialisation.