New Corporate Presentation and CEO Q&A

21 October 2024

Cobra Resources plc

("Cobra" or the "Company")

New Corporate Presentation and CEO Q&A

Cobra (LSE: COBR), the mineral exploration and development company advancing a potentially world-class ionic Rare Earth Elements ("REEs") discovery at its Boland Project in South Australia, is pleased to announce the publication of a new corporate presentation, accompanied by a video update from CEO Rupert Verco.

Key points covered in the presentation include Cobra's strategic land positioning, massive scale potential, and opportunity to re-define the cost of rare earths production through in situ recovery mining.

Investors are invited to submit their questions through the Cobra Investor Hub here: https://investors.cobraplc.com/link/7PlLJP. The Cobra team will respond to questions in due course.

The full slide deck is available to view on Cobra's investor hub here:

https://investors.cobraplc.com/activity-updates

Enquiries:

The person who arranged for the release of this announcement was Rupert Verco, Managing Director of the Company.

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 ionic rare earth discovery at Cobra's Wudinna Project in South Australia's Gawler Craton is Australia's only 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 tenements also contain extensive orogenic gold mineralisation, including a 279,000 Oz gold JORC Mineral Resource Estimate, characterised by low levels of over-burden, amenable to open pit mining.

Regional map showing Cobra's tenements in the heart of the Gawler Craton

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Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor hub here: https://investors.cobraplc.com/link/7PlLJP

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