REG - Cobra Resources PLC - Issuance of Fee Shares

Cobra ResourcesAnnouncement

23/11/2023 15:45

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RNS Number : 5143U  Cobra Resources PLC  23 November 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE
REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

 

23 November 2023

 

Cobra Resources plc

("Cobra" or the "Company")

 

Issuance of Fee Shares

 

Cobra (https://cobraplc.com/) , an exploration company focused on the Wudinna
Gold and Rare Earth Project in South Australia, announces it has issued
170,000 ordinary shares of 1 pence each in the capital of the Company ("Fee
Shares") to Market Bull Pty Ltd in lieu of payment for services rendered
pursuant to an engagement letter dated 31 July 2023.

 

Admission and Total Voting Rights

 

The Company has made applications to the Financial Conduct Authority and the
London Stock Exchange in connection with the admission of 170,000 Fee Shares
which is expected to occur at 8.00 a.m. on 24 November 2023 ("Admission"). The
Company hereby notifies the market, in accordance with the FCA's Disclosure
Guidance and Transparency Rule 5.6.1, that, following Admission, the Company's
issued share capital will consist of 592,549,550 ordinary shares, each with
one vote. The Company does not hold any ordinary shares in treasury. Following
Admission, the total number of voting rights in the Company will be
592,549,550 and this figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

 Cobra Resources plc                           via Vigo Consulting

 Rupert Verco (Australia)                      +44 (0)20 7390 0234

 Dan Maling (UK)

 SI Capital Limited (Joint Broker)             +44 (0)1483 413 500

 Nick Emerson

 Sam Lomanto

 Shard Capital Partners LLP (Joint Broker)

                                                                                         +44 (0)20
 Erik Woolgar                                  7186 9952

 Damon Heath

 Vigo Consulting (Financial Public Relations)  +44 (0)20 7390 0234

 Ben Simons

 Kendall Hill

 

The person who arranged for the release of this announcement was Rupert Verco,
Managing Director of the Company.

 

About Cobra

Cobra is defining a unique multi-mineral resource at the Wudinna Gold and Rare
Earth Project in South Australia's Gawler Craton, a tier one mining and
exploration jurisdiction which hosts several world-class mines. Cobra's
Wudinna tenements totalling 1,832 km(2), and other nearby tenement rights
totalling 1,429 km(2), contain highly desirable and ionic rare earth
mineralisation, amenable to low-cost, low impact in situ recovery mining, and
critical to global decarbonisation.

 

Cobra's Wudinna tenements also contain extensive orogenic gold mineralisation
and are characterised by potentially open-pitable, high-grade gold
intersections, with ready access to infrastructure. Cobra has 22 orogenic gold
targets outside of the current 279,000 Oz gold JORC Mineral Resource Estimate,
and several iron oxide copper gold (IOCG) targets.

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/cobraresourcesplc
(https://www.linkedin.com/company/cobraresourcesplc)

Twitter: https://twitter.com/Cobra_Resources
(https://twitter.com/Cobra_Resources)

 

Subscribe to our news alert service: https://cobraplc.com/news/
(https://cobraplc.com/news/)

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