Cobra Resources PLC Issue of Equity (4324F)
09 Marzo 2020 - 4:46AM
UK Regulatory
TIDMCOBR
RNS Number : 4324F
Cobra Resources PLC
09 March 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.
For immediate release
9 March 2020
Cobra Resources plc
("Cobra" or the "Company")
Application for admission and Total Voting Rights
On 5 March 2020, the Company announced that it had issued a
total of 1,745,007 new ordinary shares of 1p each.
Application for Admission
An application has been made to the FCA and to the London Stock
Exchange for 1,745,007 ordinary shares of 1 pence each in the
capital of the Company (the 'New Shares') to be admitted to the
standard listing segment of the Official List of the FCA and to
trading on the London Stock Exchange's main market for listed
securities ('Admission'). The New Shares will, upon issue, rank
equally with all the other ordinary shares of 1 pence each in the
capital of Company that are then in issue.
It is expected that Admission will become effective on 12 March
2020.
Total Voting Rights
As a result of the share issues set out in this announcement,
the Company's issued share capital consists of 155,492,145 ordinary
shares with a nominal value of 1p each, with voting rights
("Ordinary Shares"). The Company does not hold any Ordinary Shares
in Treasury.
Therefore the total number of Ordinary Shares in the Company
with voting rights is 155,492,145 and this figure may be used by
shareholders in the Company as the denominator for the calculation
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
About the Company:
The Company is the owner of the Wudinna Gold Project. The
Wudinna Gold Project is located on the Eyre Peninsula in the
Central Gawler Gold Province, a 450-kilometre-long arcuate belt in
South Australia which contains numerous mineral occurrences.
Craig Moulton, Managing Director of Cobra commented:
"The early exercise of warrants by long standing shareholders
shows the conviction of our investors for the Wudinna Gold project
and mirrors the Board's excitement for the future of this
project."
End
Enquiries:
+61 (0) 40 6932187
Cobra Resources plc Craig Moulton +61 (0) 8 9316 4938
Nick Emerson
SI Capital Limited (Broker) Sam Lomanto +44 (0) 14 8341 3500
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Duncan Vasey
Peterhouse Capital Limited Lucy Williams +44 (0) 20 7469 0932
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END
IOEFLFSIVSIAIII
(END) Dow Jones Newswires
March 09, 2020 06:46 ET (10:46 GMT)
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