COBRE LIMITED — Capital/Financing Update 2023

Jun 22, 2023

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Cobre Limited A.C.N. 626 241 067 (ASX: CBE) Level 7/151 Macquarie Street SYDNEY NSW 2000 Tel: + 61 407 123 143 www.cobre.com.au

23 June 2023

ASX Limited

Company Announcements Platform

CLEANSING NOTICE – ISSUE OF SHARES

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Cobre Limited (ASX: CBE , Cobre or Company ) advises that the Company has today issued a total of 2,510,206 ordinary shares at an issue price of $0.15 per share as part of the second tranche of the capital raising announced to the ASX on 19 December 2022 and following the approval of shareholders pursuant to resolutions 3 and 4 at the Extraordinary General Meeting held on 24 March 2023.

CBE gives notice, under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ), that:

• 1. CBE issued the Shares without disclosure to the recipients under Part 6D.2 of the Corporations Act;
• 1. as at the date of this notice CBE has complied with:
  • a) the provisions of Chapter 2M of the Corporations Act as they apply to CBE; and b) section 674 of the Corporations Act; and
• 1. as at the date of this notice, there is no excluded information (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) which is required to be set out in this notice under Section 708A(6)(e) of the Corporations Act.

This ASX release was authorised on behalf of the Cobre Board by: Martin C Holland, Executive Chairman.

For more information about this announcement, please contact:

Martin C Holland

Executive Chairman and Managing Director

holland@cobre.com.au