REG - Cobra Resources PLC - Result of General Meeting

Cobra ResourcesAnnouncement

14/12/2023 11:00

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RNS Number : 8528W  Cobra Resources PLC  14 December 2023

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
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14 December 2023

 

Cobra Resources plc

("Cobra" or the "Company")

 

Result of General Meeting

 

Cobra (https://cobraplc.com/) , an exploration company focused on the Wudinna
Gold and Ionic Rare Earth Project ("Wudinna") in South Australia, announces
that at the General Meeting of the Company held earlier today, all resolutions
were duly passed by the requisite majorities. The passing of the resolutions
will, inter alia, enable Cobra to proceed with the share consideration
component of the acquisition of the remaining 25% of Wudinna ("Consideration
Shares"), as announced on 14 November 2023, and advance the Boland ionic rare
earth discovery as the dominant holder of palaeo-channel ground in the region.

 

A summary of the resolutions passed and the results of voting are available on
the Company's website at: https://cobraplc.com/investors/#circulars-notices
(https://cobraplc.com/investors/#circulars-notices) .

 

A further announcement will be made upon application for admission to trading
of the Consideration Shares.

 

 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

                                             7186 9952
 Erik Woolgar

 Damon Heath

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

 Ben Simons

 Kendall Hill

 

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. Additionally, Cobra holds a 213
km(2) exploration tenement in northern Tasmania which is also considered
highly prospective for ionic rare earth mineralisation.

 

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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