Cobra Resources Director Bolsters Stake

Cobra Resources Plc (GB:COBR) has released an update.

Cobra Resources PLC has disclosed that David Clarke, a company director, made a significant investment by purchasing 2,224,800 shares at 1.08 pence each, amounting to £25,000. This acquisition increases Clarke’s stake to 9.37% of the issued share capital, reflecting a strong belief in the company’s prospects in its South Australian Wudinna Project, known for its multi-mineral resources including gold and rare earth elements.

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