Kropz PLC Elandsfontein Update regarding Water Tribunal (2124M)
20 January 2021 - 6:00PM
UK Regulatory
TIDMKRPZ
RNS Number : 2124M
Kropz PLC
20 January 2021
20 January 2021
Kropz Plc
("Kropz" or the "Company")
Elandsfontein Update regarding Water Tribunal ("Tribunal")
Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer
and developer, advises that, further to the announcement on 3
September 2020, it has been notified that the hearing against
Elandsfontein's valid integrated water use licence ("WUL") has been
rescheduled for four days, commencing on 1 February 2021. The
Tribunal will be resumed following a postponement in March 2020,
ordered by the Chairperson of the Tribunal, following COVID-19
concerns.
The Company would like to advise the market that, in order to
allow the Tribunal the appropriate opportunity to fully review the
matter, it will not be providing further comment on the official
proceedings until the Tribunal has announced its decision. The
timing of the decision is currently unknown.
Pending the Tribunal's decision, there is no legal impediment to
the continuation of the water use activities authorised in the
WUL.
For further information visit www.kropz.com or contact:
Kropz Plc
Mark Summers (CEO) +27 (0)79744 8708
Grant Thornton UK LLP Nominated Adviser
Samantha Harrison
Harrison Clarke +44 (0) 20 7383 5100
Hannam & Partners Broker
Andrew Chubb
Ernest Bell +44 (0)20 7907 8500
Tavistock Financial PR & IR (UK)
Emily Moss +44 (0) 207 920 3150
Jos Simson kropz@tavistock.co.uk
Oliver Lamb
R&A Strategic Communications PR (South Africa)
James Duncan +27 (0)11 880 3924
james@rasc.co.za
About Kropz Plc
Kropz is an emerging African phosphate explorer and developer,
with an advanced stage phosphate mining project in South Africa and
a phosphate project in the Republic of Congo. 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.
-ENDS-
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