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24 June 2024

Cobra Resources plc

("Cobra" or the "Company")

Result of AGM

Cobra (LSE: COBR), an exploration company advancing a strategy to lower the cost of critical rare earth production at its Boland Project in South Australia, announces that at the Annual General Meeting of the Company held at 10.00 a.m. on 24 June 2024, 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

In 2023, Cobra discovered a rare earth deposit with the potential to re-define the cost of rare earth production. The highly scalable Boland Project in South Australia's Gawler Craton is Australia's only ionic rare earth project amenable for in situ recovery (ISR) mining - a low cost, low disturbance method. Cobra is focused on de-risking the investment value of the discovery by proving ISR as the preferred mining method which would eliminate challenges associated with processing clays and provide Cobra with the opportunity to define a low-cost pathway to production.

Cobra's Wudinna Project tenements also contain extensive orogenic gold mineralisation, including a 279,000 Oz gold JORC Mineral Resource Estimate, characterised by potentially open-pitable, high-grade gold intersections.

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