Exercise of Warrants
Cobra Resources plc has announced the exercise of warrants, resulting in the subscription of 3,000,000 new Ordinary shares for a total consideration of £60,000, at a price of 2 pence per share. These new shares were issued under the company's existing block listing, meaning there is no change to the total voting rights.
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Cobra (LSE: COBR), a South Australian mineral exploration and development company, announces that it has received notices of the exercise of warrants ("Warrants") to subscribe for a total of 3,000,000 new Ordinary shares of nominal value 1 pence each ("New Ordinary Shares"). The total consideration paid to the Company in connection with the exercise of such Warrants at 2 pence per New Ordinary Share was £60,000. The New Ordinary Shares were issued under the Company's existing block listing and there is therefore no change to the Company's total voting rights as announced on 25 March 2026.
Regional map showing Cobra's tenements in South Australia
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.