REG - Cobra Resources PLC - Prospectus Publication & Total Voting Rights

Cobra ResourcesAnnouncement

20/03/2025 12:15

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RNS Number : 5269B  Cobra Resources PLC  20 March 2025

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE
REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND, NEW ZEALAND OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT
TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK
MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS
DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

This announcement is an advertisement for the purposes of the Prospectus
Regulation Rules of the FCA and is not a prospectus nor an offer of securities
for sale in any jurisdiction.

Neither this announcement, nor anything contained herein shall form the basis
of, or be relied upon in connection with, any offer or commitment whatsoever
in any jurisdiction. Investors should not subscribe for or purchase any
securities referred to in this announcement except solely on the basis of the
information contained in the prospectus referred to in this announcement
(together with any supplementary prospectus, if relevant, the "Prospectus"),
including the risk factors set out therein.

Words and expressions defined in the Prospectus shall, unless the context
provides otherwise, have the same meanings in this announcement.

An electronic copy of the Prospectus dated 20 March 2025 will shortly be
available for inspection on the Company's website at
https://investors.cobraplc.com/documents
(https://investors.cobraplc.com/documents) and has been submitted to the
National Storage Mechanism maintained by the FCA and will be available for
inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

20 March 2025

Cobra Resources plc

("Cobra" or the "Company")

(Incorporated in England & Wales under the Companies Act 2006 with
registered number 11170056)

Prospectus Publication

&

 Total Voting Rights

Cobra (LSE: COBR), the mineral exploration and development company advancing a
potentially world-class ionic Rare Earth Elements discovery at its Boland
Project in South Australia, announces that, further to the Company's
announcement of 4 March 2025 (RNS Number: 2751Z) relating to shareholder
approval of a conditional placing of 77,992,439 New Ordinary Shares, it has
today published the Prospectus.

Expected Timetable of Principal Events

Applications have been made to the Financial Conduct Authority ("FCA") and
London Stock Exchange plc ("LSE") and it is expected that the admission of the
New Ordinary Shares to listing on the equity shares (transition) category of
the Official List maintained by the FCA and to trading on the main market for
listed securities of the LSE will become effective on or before 8.00 a.m. on
25 March 2025 ("Admission"). The expected timetable of principal events for
the Admission is set out below. All references to time in this announcement
are to London time.

 Publication of the Prospectus                                                  20 March 2025
 Admission and commencement of unconditional dealings in the New Ordinary       8.00 a.m. on 25 March 2025
 Shares
 CREST members' accounts credited in respect of the New Ordinary Shares (where  As soon as reasonably practicable on 25 March 2025
 applicable)
 Share certificates despatched in respect of the New Ordinary Shares (where     within 10 Business Days of Admission
 applicable)
 All references to time in this announcement are to London time, unless
 otherwise stated. Any changes to the expected timetable will be notified by
 the Company through a regulatory information service.

Accordingly, the Company hereby notifies the market, in accordance with the
FCA's Disclosure Guidance and Transparency Rule 5.6.1, that on Admission, the
Company's issued share capital will consist of 877,863,899 Ordinary Shares,
each with one vote. There are no shares held in treasury. On Admission, the
total number of voting rights in the Company will be 877,863,899 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.

For the purposes of UK MAR, the person who arranged for the release of this
announcement was Rupert Verco, Managing Director of the Company.

 

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                                   +44 (0)1483 413 500

 Sam Lomanto

 Global Investment Strategy (Joint Broker)      +44 (0)20 7048 9437

 James Sheehan                                  james.sheehan@gisukltd.com
                                                +44 (0)20 7390 0234

 Vigo Consulting (Financial Public Relations)   cobra@vigoconsulting.com

 Ben Simons

 Kendall Hill

 

 

About Cobra

 

In 2023, Cobra discovered a rare earth deposit with the potential to re-define
the cost of rare earth production. The highly scalable Boland ionic rare earth
discovery at Cobra's Wudinna Project in South Australia's Gawler Craton is
Australia's only rare earth project amenable for in situ recovery (ISR) mining
- a low cost, low disturbance method enabling bottom quartile recovery costs
without any need for excavation or ground disturbance. Cobra is focused on
de-risking the investment value of the discovery by proving ISR as the
preferred mining method and testing the scale of the mineralisation footprint
through drilling.

 

Cobra's Wudinna tenements also contain extensive orogenic gold mineralisation,
including a 279,000 Oz gold JORC Mineral Resource Estimate, characterised by
low levels of over-burden, amenable to open pit mining.

 

Regional map showing Cobra's tenements in the heart of the Gawler Craton

 

 

 

 

Follow us on social media:

 

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

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

 

Engage with us by asking questions, watching video summaries and seeing what
other shareholders have to say. Navigate to our Interactive Investor hub here:
https://investors.cobraplc.com/ (https://investors.cobraplc.com/)

 

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

 

 

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