Cobra Resources PLC Issuance of Fee Shares (5143U)
November 23 2023 - 10:39AM
UK Regulatory
TIDMCOBR
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 , 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)
Nick Emerson
Sam Lomanto
+44 (0)1483 413 500
Shard Capital Partners LLP (Joint
Broker)
Erik Woolgar
Damon Heath +44 (0)20 7186 9952
Vigo Consulting (Financial Public
Relations)
Ben Simons
Kendall Hill +44 (0)20 7390 0234
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
Twitter: https://twitter.com/Cobra_Resources
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https://cobraplc.com/news/
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END
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