CDL Cloudbreak Discovery Plc

18 October 2024

Cloudbreak Discovery Plc

('Cloudbreak', or 'the Company')

Director Resignation

Cloudbreak Discovery Plc announces today that Mr Paul Gurney has stepped down from the Company's Board of Directors, effective 18 October 2024.  The Company wishes to thank Mr Gurney for his contributions during his Board tenure and wishes him well in his future endeavours.

The Board intend to appoint an additional non-executive director in due course.

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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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.