31 October
2024
Cloudbreak Discovery Plc
('Cloudbreak', or 'the Company')
Delay to Publication of
Annual Report and Accounts
Cloudbreak Discovery Plc, a
London listed royalty company and natural resources project
generator, announces that there will be a
delay to the publication of its consolidated audited results for
the financial year ended 30 June 2024.
In accordance with the FCA's Listing
Rules and the Disclosure and Transparency Rules, the Company is
required to publish its audited results for the year to 30 June
2024 by 31 October 2024. The Company's auditor, PKF Littlejohn, LLP
("PKF"), has advised the Company that the audit process is near
completion however it will not be finalised by the 31 October 2024
deadline.
The Company will continue to work
closely with PKF to ensure that the audited results for the year
ended 31 December 2023 are published as soon as
possible.
As a result of this delay, the
Company's listing will be temporarily suspended with effect from 1
November 2024. The Company will request a restoration of the
listing of its shares following the publication the audited
results.
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended).
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For additional information please
contact:
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Cloudbreak Discovery PLC
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Tel: +44 792 6 397675
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Andrew Male, Interim CEO
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am@cloudbreakdiscovery.com
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Novum Securities
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Tel: +44 7399 9400
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(Financial Adviser)
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David Coffman / George
Duxberry
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Oberon Capital
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Tel: +44 20 3179 5355 /
+44 20 3179 5315
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(Broker)
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Nick Lovering / Adam
Pollock
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About Cloudbreak Discovery
PLC
Cloudbreak Discovery PLC is a
leading natural resource project generator and royalty business.
Cloudbreak is focused on energy royalty
acquisitions with the aim of bringing near-term cashflow and
driving shareholder value. Its primary operating jurisdiction is
the United States, but the Company also deploys its project
generation model in the international energy sector to acquire
minority interests in projects of merit.
Through its wholly owned but
independently operated subsidiary, Cloudbreak Exploration Inc., the
Company plan to develop its array of
mineral assets, whilst continuing to generate new projects
with a particular focus on commodities key to the
energy transition.
Cloudbreak's generative model across
the energy and mineral sector enables a multi-asset approach to
investing and exploration. Diversification within the natural
resource sector and amongst resource classes is key to withstanding
the cycles of investing.