Block Admission Application
Summary by AI BETAClose X
11 November 2026
Cobra Resources plc
(“Cobra” or the “Company”)
Block Admission Application
Cobra (LSE: COBR), a South Australian mineral exploration and development company advancing the Wudinna Rare Earth Project and the Manna Hill Copper Project, announces that an application has been made to London Stock Exchange plc ("London Stock Exchange") for 72,663,625 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") to be admitted to trading on the London Stock Exchange's main market for listed securities (the "Block Admission").
The Block Admission relates to Ordinary Shares that will be issued from time to time in accordance with the exercise of warrants issued by the Company. All Ordinary Shares issued pursuant to the Block Admission will rank pari passu with the existing Ordinary Shares.
It is expected that the Block Admission will become effective on or around 12 November 2026.
Enquiries:
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Cobra Resources plc Rupert Verco (Australia) Dan Maling (UK)
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via Vigo Consulting +44 (0)20 7390 0234
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Hannam & Partners (Joint Broker) Leif Powis Andrew Chubb |
+44 (0) 20 7907 8500
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SI Capital Limited (Joint Broker) Nick Emerson Sam Lomanto
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+44 (0)1483 413 500
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Vigo Consulting (Financial Public Relations) Ben Simons George Pope
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+44 (0)20 7390 0234 cobra@vigoconsulting.com |
About Cobra
Cobra Resources is developing two South Australian critical minerals opportunities: the Wudinna ionic rare earth project and the Manna Hill copper project.
At Wudinna, Cobra has established a maiden JORC-compliant Mineral Resource Estimate of 150 Mt grading 470 ppm total rare earth oxides (TREO), with significant potential for further resource growth. The resource will underpin a Scoping Study as Cobra advances its staged development strategy, incorporating low-disturbance controlled-aquifer in situ recovery (ISR), targeting bottom-quartile production costs and the potential to establish the Western World's first rare earths ISR operation.
Cobra is also advancing the Manna Hill copper project in the Nackara Arc, where drilling has confirmed copper-gold mineralisation across multiple prospects, including shallow skarn-hosted discoveries and encouraging indications of a potentially larger porphyry copper-gold system.
Cobra also holds a significant shareholding in Barton Gold (ASX: BDG), following the 2025 sale of its non-core gold assets for A$15 million in cash and shares.
Regional map showing Cobra’s tenements in South Australia
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/cobraresourcesplc
X: https://twitter.com/Cobra_Resources
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