Cobre Limited, ('ASX: CBE') ('Cobre' or the 'Company') refers to the fully underwritten pro-rata non-renounceable entitlement offer of one (1) option for every three (3) fully paid ordinary shares in the Company announced to ASX on 13 June, 2025 (Loyalty Options Offer), and is pleased to advise the results as follows.
Pursuant to the Loyalty Options Offer, 218 valid applications were received for a total of $509,073.49 comprising a total of 63,634,088 options. In accordance with the timetable contained in the Company's prospectus dated and lodged with ASIC and ASX on 13 June, 2025, options under the Loyalty Options Offer will be issued and allotted on Wednesday 6 August, 2025 with quotation expected to commence on Friday 8 August, 2025.
The number of options comprising the shortfall under the Loyalty Options Offer is 84,162,043. The Board will now work with the underwriter, CPS Capital Group Pty Ltd (CPS), to place the shortfall under the Loyalty Options Offer in accordance with the terms of the Prospectus and underwriting agreement by no later than 14 August, 2025.
This Announcement has been authorised by Justin Clyne, Company Secretary.
Contact:
Martin C Holland
Email: holland@cobre.com.au
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