28 June 2023

Cobra Resources plc

 ("Cobra" or the "Company")

Result of AGM

Cobra, a gold, rare earth and IOCG exploration company focused on the Wudinna Project in South Australia, announces that at the Annual General Meeting of the Company held at 10.00 a.m. on 28 June 2023, all resolutions were duly passed. The results of the poll, including the proxy voting, will be available shortly on the Company's website at: www.cobraplc.com.

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About Cobra

Cobra is defining a unique multi-mineral resource at the Wudinna Project in South Australia's Gawler Craton, a tier one mining and exploration jurisdiction which hosts several world-class mines. Cobra's Wudinna tenements, totalling 3,261 km², contain extensive orogenic gold mineralisation and are characterised by potentially open-pitable, high-grade gold intersections, with ready access to infrastructure. Cobra has 22 orogenic gold targets outside of the current 211,000 Oz gold JORC Mineral Resource Estimate. In 2021, Cobra discovered rare earth mineralisation proximal to and above the gold mineralisation which has been demonstrated to be regionally scalable. In 2023, Cobra published a maiden rare earth JORC Mineral Resource Estimate of 20.9 Mt at 658 ppm Total Rare Earth Oxides enabling a strategic baseline to advance an economically beneficial combination of gold and rare earth resources.

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