REG - Cloudbreak Discovery - Cloudbreak Board Members Join G2 Energy

Cloudbreak DiscoveryAnnouncement

20/03/2024 08:45

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RNS Number : 5859H  Cloudbreak Discovery PLC  20 March 2024

20 March 2024

 

Cloudbreak Discovery Plc

('Cloudbreak', or 'the Company')

 

Cloudbreak Board Members Join G2 Energy

Cloudbreak Discovery Plc, (LSE: CDL), the natural resource project generator,
is pleased to announce that Andrew Male and Paul Gurney have joined the Board
of G2 Energy Ltd. ("G2").

Cloudbreak and G2 announced an Amending Agreement on the 4 March 2024 in which
Cloudbreak would appoint two members to the board of G2. Andrew Male will also
be taking on the role of CFO for G2.

Andrew Male, Director, Interim CEO, states: "Paul and I look forward to
working with G2 and their team in order to develop and enhance the production
assets that G2 hold. Our primary focus will be to assist G2 in generating more
revenue and looking at additional acquisitions that are accretive to the
Cloudbreak investment and G2's underlying business operations."

- Ends -

 

For additional information please contact:

 

 Cloudbreak Discovery PLC  Tel: +44 792 6 397675
                           Andrew Male, Interim CEO         am@cloudbreakdiscovery.com

 Novum Securities          Tel: +44 7399 9400
 (Financial Adviser)       David Coffman / George Duxberry

 Oberon Capital            Tel: +44 20 3179 5355 /

                           +44 20 3179 5315
 (Broker)                  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 will 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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