Rolf Gerritsen, Chief Executive Officer of Cobra Resources, said: “The last decade has seen a significant lack of investment in development projects in natural resources. We see this as an opportunity.
Cobra Resources listed on the main market of the London Stock Exchange (15th November 2018) first day of dealing.
Cobra has been formed to take advantage of certain attractive supply and demand dynamics going on in the natural resources environment by identifying and investing in one or two quality advanced but undervalued projects, which the Board believes have the potential to create shareholder value.
“The funds raised from the IPO will be used to evaluate any potential acquisition target with a focus in base and precious metals, where the Directors feel most of the opportunities lie and where Cobra can add value.
We are offering a clean cash shell listed on the London Stock Exchange Main Market and there are not many listed cash shells that have no legacy issues. “Our board has a combined 100 years of experience and while we have the expertise to look at markets and projects, we recognise that when we find the right projects, we also need to have the right management in place.”
The Board
Rolf Gerritsen, Chief Executive Officer, age 55
Rolf Gerritsen is an entrepreneurial executive with over 30 years’ experience with a specific focus on the Natural Resources sector. Mr Gerritsen is currently a director of MetalNRG, ECRG Consulting Limited, RCA Associates Limited, and Pearman Investments LLP. Mr Gerritsen has been working with the Boards of these companies developing, designing and implementing growth strategies. Mr Gerritsen has also acted as a consultant, with a focus on investor relations, for RockFire Resources plc (then Papua Mining plc), Pembridge Resources plc (then China Africa Resources plc), and Metal Tiger plc. Mr Gerritsen also spent three years in Paris working as a consultant with BBSP, France. Mr Gerritsen’s core strengths include strategy development, strategy implementation and sourcing capital for growth companies, special situations and restructuring. Rolf has international experience with four languages spoken fluently, and has worked in Europe, the USA, Africa, Australia, Middle East, the Far East and South America.
Ken Watson, Non-Executive Director, age 80
Ken Watson has been actively engaged in exploration and mining for the past 50 years in both publicly listed and private exploration companies. He has considerable experience as a prospector and was involved in the discovery of the Golden Kilometre gold mine at Mt Pleasant in the Eastern Goldfields of Western Australia. Mr Watson has been the vendor to many listed exploration companies on the Australian Securities Exchange and was a co-founder and Managing Director of Regency Mines plc and Red Rock Resources plc listed on AIM in the UK. Mr Watson is currently a director of Redstone Metals Pty, Pilbara Goldfields Pty Ltd and Hamersley Metals Pty Ltd, conducting exploration for conglomerate hosted gold and battery metals including lithium, cobalt and manganese in the Pilbara and other parts of Western Australia.
Greg Hancock, Non-Executive Director, age 67
Greg Hancock has had over 25 years’ experience in the capital markets of Australia and the UK. He maintains close links with the stockbroking and investment banking community and has a corporate finance practice which specialises in the resources sector. On the Australian Securities Exchange he is currently non-executive chair of Ausquest Limited, BMG Resources Limited and a non-executive director of Zeta Petroleum Plc, Strata X Energy Limited and Golden State Mining Limited.
Typically, Mr Hancock is involved in the sourcing, negotiation, and financing of strategic resources
for companies and then providing appropriate stewardship at board level. Mr Hancock has a limited number of private company interests including Franchise Investments International Ltd, Hancock Corporate Investments Pty Limited and has in the past been a nonexecutive director of Norsve Resources plc and foundation shareholder and executive chair of Cooper Energy Limited, an Australian Oil and Gas production company.
Company Website Link:Â www.cobraresourcesplc.com
Company Twitter Account:Â @Cobra_ResourcesÂ
