Cobra Resources plc announced that the conditions precedent to the Wudinna Sale Agreement with Andromeda Metals for Cobra to acquire the remaining 25% of Wudinna have been satisfied, entitling Cobra to 100% ownership of Wudinna. 100% project ownership: Subject only to Departmental procedures and Ministerial approvals, Cobra has become the 100% owner of Wudinna, which hosts the Boland ionic rare earth (REE) discovery, the Wudinna Gold JORC Resource, and a number of Uranium occurrences. Finalising 100% project acquisition enhances optionality, with the Company evaluating opportunities in light of the strong gold and uranium markets.
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