Exercise of Warrants
Cobra Resources plc has announced the exercise of warrants, resulting in the issuance of 750,000 new Ordinary shares for a total consideration of £15,000, at a price of 2 pence per share. These new shares were issued under the company's existing block listing.
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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 750,000 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 £15,000. The New Ordinary Shares were issued under the Company's existing block listing.
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.