REG - Cloudbreak Discovery - Board Changes

Cloudbreak DiscoveryAnnouncement

19/03/2025 07:15

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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            Tel: +44 7399 9400

 (Financial Adviser)
                             David Coffman / Anastassiya Eley

 Oberon Capital              Tel: +44 20 3179 5355 /

 (Broker)                    +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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