Delay to Publication of Annual Report and Accounts

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).

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For additional information please contact:

Cloudbreak Discovery PLC	Tel: [phone]
	Andrew Male, Interim CEO	[e-mail]
Novum Securities	Tel: [phone]
(Financial Adviser)	David Coffman / George Duxberry
Oberon Capital	Tel: [phone] / [phone]
(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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