REG - Cloudbreak Discovery - Delay to Publication of Annual Report and Accounts

Cloudbreak DiscoveryAnnouncement

31/10/2024 15:45

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RNS Number : 4701K  Cloudbreak Discovery PLC  31 October 2024

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).

- 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 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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