TIDMCDL

RNS Number : 0231Z

Cloudbreak Discovery PLC

20 January 2022

20 January 2022

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

Board Update

Cloudbreak Discovery Plc ("Cloudbreak") (LSE: CDL), a natural r esource project generator, today announces that Kyle Hookey has stepped down as Non-Executive Director of the Company with immediate effect but will continue as a key advisor. The Board would like to thank Kyle for assisting the Company through the IPO process and its initial phase as a quoted company.

Kyler Hardy, President and CEO of Cloudbreak, stated "Kyle has been a great asset to Cloudbreak as a director and will continue to be involved with an integral advisory role with the Company. In the coming months, we will be seeking a replacement director whose skill set will allow Cloudbreak to continue with its growth and execution of its business plan"

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

-ENDS-

For additional information please contact:

 
 Cloudbreak Discovery        Tel: +1 604 428 9480 
  PLC 
                             Kyler Hardy, CEO          khardy@cloudbreakdiscovery.com 
 
 Novum Securities            Tel: +44 7399 9400 
  (Financial Adviser) 
                             David Coffman / Lucy 
                              Bowden 
                              Colin Rowbury 
 
 Shard Capital Partners      Tel: +44 207 186 9900 
  (Broker) 
                              Damon Heath / Isabella 
                              Pierre 
 
 
 Blytheweigh                 Tel: +44 207 138 3204     Cloudbreak@blytheweigh.com 
  (Financial PR/IR-London) 
                             Tim Blythe 
                             Megan Ray 
 
 Stellium Services           Tel: +44(0)207 129        Cloudbreak@StelliumServices.com 
  (Investor Relations)        1205 
 www.StelliumServices.com    Andrew Wilson 
                             Claire Bowden 
 

About Cloudbreak Discovery PLC

Cloudbreak Discovery PLC, is a leading natural resource project generator, working across a wide array of mineral assets that are being developed and managed by an experienced team with a proven track record. Value accretion within the projects being developed by Cloudbreak's generative model enables a multi-asset approach to investing. Diversification within the mining sector and amongst resource classes is key to withstanding the cycles of natural resource investing.

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END

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(END) Dow Jones Newswires

January 20, 2022 02:00 ET (07:00 GMT)

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