18th Jun 2026 14:39
18 June 2026
Cobra Resources plc
("Cobra" or the "Company")
Results of AGM
Cobra (LSE: COBR), a South Australian mineral exploration and development company, announces that at the Annual General Meeting ("AGM") of the Company held earlier today, all resolutions put to the meeting were duly passed (each a "Resolution", and together the "Resolutions").
A poll was held on each of the Resolutions and each was passed by the required majority. The results of the poll were as follows:
| In favour | Against | Withheld | Total Votes | ||
Resolution | Votes | % | Votes | % | Votes |
|
Ordinary Resolutions | ||||||
Resolution 1: To approve the Company's 2025 Annual Report | 389,433,077 | 99.74 | 1,000,000 | 0.26 | 60,000 | 390,493,077 |
Resolution 2: To approve the Directors' Remuneration Report | 384,502,349 | 98.48 | 5,928,617 | 1.52 | 62,111 | 390,493,077 |
Resolution 3: To appoint Andrew Michelmore as a director of the Company | 389,263,292 | 99.7 | 1,169,785 | 0.30 | 60,000 | 390,493,077 |
Resolution 4: To re-elect Rupert Verco as a director of the Company | 384,670,912 | 98.52 | 5,762,165 | 1.48 | 60,000 | 390,493,077 |
Resolution 5: To re-elect Daniel Maling as a director of the Company | 389,433,077 | 99.74 | 1,000,000 | 0.26 | 60,000 | 390,493,077 |
Resolution 6: To re-elect David Clarke as a director of the Company | 293,026,673 | 97.28 | 1,000,000 | 0.33 | 89,270,907 | 390,493,077 |
Resolution 7: To reappoint PKF Littlejohn LLP as the auditor of the Company and to fix auditors' remuneration | 389,433,077 | 99.74 | 1,000,000 | 0.26 | 60,000 | 390,493,077 |
Resolution 8: To provide Directors with authority to allot shares | 383,644,300 | 98.49 | 5,895,909 | 1.51 | 952,868 | 390,493,077 |
Resolution 9: To approve the exercise of the Manna Hill Option as a substantial property transaction | 292,969,940 | 99.66 | 1,000,000 | 0.34 | 96,523,137 | 390,493,077 |
Special Resolutions | ||||||
Resolution 10: To provide Directors with authority for disapplication of pre-emption rights | 382,845,212 | 98.28 | 6,692,886 | 1.72 | 954,979 | 390,493,077 |
Resolution 11: To approve the authority to undertake market purchase of own shares | 389,430,966 | 99.74 | 1,002,111 | 0.26 | 60,000 | 390,493,077 |
Resolution 12: To approve authority to call a general meeting by not less than 14 clear days' notice | 384,668,801 | 98.52 | 5,762,165 | 1.48 | 62,111 | 390,493,077 |
*Any proxy appointments which gave discretion to the chairman of the AGM have been included in the "Vote For" total.
The total number of shares in issue at the voting date was 1,060,070,849. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes for and against the Resolution.
In accordance with Listing Rule 22.2.6R of the FCA, a copy of the Resolution passed at the AGM in connection with the substantial property transaction has been submitted to the FCA via the National Storage Mechanism and will shortly be available to the public for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The full text of all of the Resolutions can be found in the notice of AGM posted on the Company's website: https://investors.cobraplc.com/reports-presentations-circulars.
Enquiries:
Cobra Resources plc Rupert Verco (Australia) Dan Maling (UK)
| via Vigo Consulting +44 (0)20 7390 0234
|
Hannam & Partners (Joint Broker) Leif Powis Andrew Chubb
| +44 (0) 20 7907 8500
|
SI Capital Limited (Joint Broker) Nick Emerson Sam Lomanto
| +44 (0)1483 413 500
|
Vigo Consulting (Financial Public Relations) Ben Simons Seb Weller
| +44 (0)20 7390 0234 |
The person who arranged for the release of this announcement was Rupert Verco, Managing Director of the Company.
About Cobra
Cobra Resources is a South Australian critical minerals developer, advancing assets at all stages of the pre-production pathway.
In 2023, Cobra identified the Boland ionic rare earth discovery at its Wudinna Project in the Gawler Craton - Australia's only rare earth project suitable for in situ recovery (ISR) mining. ISR is a low-cost, low-disturbance extraction method that eliminates the need for excavation, positioning Boland to achieve bottom-quartile recovery costs.
In 2025, Cobra further expanded its portfolio by optioning the Manna Hill Copper Project in the Nackara Arc, South Australia. The project contains multiple underexplored prospects with strong potential to deliver large-scale copper discoveries.
In 2025, Cobra sold its Wudinna Gold Assets to Barton Gold (ASX: BDG) for up to A$15 million in cash and shares.
Regional map showing Cobra's tenements in South Australia
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