INN – Strategic Investor to Accelerate Exploration & Development

INN – Strategic Investor to Accelerate Exploration & Development

Ngami In-Situ Copper Recovery Project, Botswana

Cobre Limited (ASX: CBE, Cobre or Company) is pleased to announce that the Company has executed a subscription agreement with Tribeca Investment Partners Pty Ltd (Tribeca) for the placement of 40 million new fully paid ordinary shares (New Shares) at an issue price of $0.10 per New Share to raise gross proceeds of A$4 million1 (Placement).

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