Appointment of Director

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY NEWS SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

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For immediate release

27 March 2019

Cobra Resources plc

("Cobra" or the "Company")

Appointment of Director

Cobra (LSE:COBR), a company formed to make acquisitions of tenements and projects in the natural resources sector, today announces that it has appointed Craig Moulton as a director of the Company.

Mr Moulton has been appointed as a director of the Company with a view to taking on an executive role after the Company's re-admission to the Official List as a result of its acquisition of Lady Alice Mines, as described in its regulatory announcement on 7 March 2019.

Mr Moulton brings the benefit of a long career in the geology and mining sector as a geologist and mineral economist. Mr Moulton received his Bachelor of Science degree in Geology with honours from the University of Western Australia and also holds a Masters in Mineral Economics (with Distinction) from Curtin University.

Rolf Gerritsen, Chief Executive Officer of the Company commented:

"I am delighted that Craig Moulton has agreed to join Cobra as a director. Craig's broad commodity experience spans projects in Australia, Mongolia, the United States and beyond, and I look forward to working with Craig as we take Cobra forward."

The person who arranged for the release of this announcement on behalf of the Company was Rolf Gerritsen, Chief Executive Officer of the Company.

End

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