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31 May 2024

Cobra Resources plc

("Cobra" or the "Company")

Notice of AGM

Cobra (LSE: COBR), an exploration company advancing a strategy to lower the cost of critical rare earth production at its Wudinna Project in South Australia, announces it has today published a notice convening an annual general meeting ("AGM") of the Company (the "Notice"). The Notice has been sent to shareholders and is available on the Company's website at: www.cobraplc.com.

The AGM will be held on Monday, 24 June 2024 at 10.00 a.m. BST as a virtual meeting, which is explained in the letter from the chairman of the Company set out in the Notice.

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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. Cobra is focused on de-risking the investment value of the discovery by proving ISR as the preferred mining method which would eliminate challenges associated with processing clays and provide Cobra with the opportunity to define a low-cost pathway to production.

Cobra's Wudinna tenements also contain extensive orogenic gold mineralisation, including a 279,000 Oz gold JORC Mineral Resource Estimate, characterised by potentially open-pitable, high-grade gold intersections. 

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