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Cobra Resources Plc to join NR Private Market

We are delighted to welcome Cobra Resources Plc to NR Private Market. Cobra Resources (“Cobra” or the “Company”) is an exploration, development and mining company whose securities are listed on the main market of London Stock Exchange plc.

The Company’s primary strategy is to focus on the development of advanced resource exploration projects with potential, through the application of disciplined and structured exploration and analysis, to progress towards a sustainable mining operation.

On 7 March 2019, the Company announced that it had signed an acquisition agreement to acquire 100% of the units in the Lady Alice Trust and the entire issued share capital of the Lady Alice Mines Pty Ltd (“LAM”), an Australian exploration company, as a trustee of the Lady Alice Trust (the “Proposed Acquisition”).

LAM has the right to earn a 75% interest in the Wudinna Gold project, an advanced gold exploration project with a 211koz JORC(2012) resource and owns 100% of the historic Prince Alfred Copper mine.

The Company is raising capital as part of its transition to an operating business. The funds will support their proposed exploration programme.

Register now to get early access to the Cobra Resources pitch on NR Private Market. Capital at risk

MINEXIA is an appointed representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (FRN: 574048).