Cloudbreak Discovery - Board Changes

Cloudbreak Discovery

19/03/2025 07:00

RNS Number : 1947B

Cloudbreak Discovery PLC

19 March 2025

 

 

19 March 2025

 

 

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

 

Board Changes

 

Cloudbreak Discovery Plc (LSE: CDL), is pleased to announce that Mr Peter Huljich has been appointed as a director of the Company and has taken on the role of Executive Chairman with immediate effect. 

 

Mr Andrew Male, Interim Chief Executive Officer has announced his intention to resign as a director of the Company after an orderly handover period and will continue to support the Company going forward.

 

Mr. Huljich is a lawyer and investment banker with extensive senior corporate experience across stock exchanges in the UK, Australia and Africa. He has been Chairman of mineral exploration and development companies with operations in Africa, Australia and Europe.

 

Mr. Huljich is currently Non-Executive Chairman of Zinc of Ireland Ltd listed on the Australian Stock Exchange ("ASX"). He has previously been the Chairman of Macro Metals Ltd and Amani Gold Ltd and a Non-Executive Director of AVZ Minerals Ltd.

 

Emma Priestley, Non-Executive Director, commented "I welcome Peter to his new position.  His previous experience and knowledge of the capital markets and in managing companies in the natural resources sector will assist the Company in gaining traction for future endeavours."

 

 

-ENDS-

 

For additional information please contact:

 

Cloudbreak Discovery PLC
Tel: +44 792 6 397 675
Andrew Male, Interim CEO
andrew@westridgemi.com
Novum Securities
(Financial Adviser)
Tel: +44 7399 9400
David Coffman / Anastassiya Eley
Oberon Capital
(Broker)
Tel: +44 20 3179 5355 /
+44 20 3179 5315
Nick Lovering / Adam Pollock


 

 

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.

 

 

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