Cloudbreak Discovery Plc - CEO and Chairman Resignation

PR Newswire

19 June 2023

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

 

CEO and Chairman Resignation

 

Cloudbreak Discovery PLC, ("Cloudbreak"), announces that Samuel "Kyler" Hardy has resigned as Director and Chief Executive Officer of Cloudbreak, and all its subsidiaries, with immediate effect.

 

The Non-Executive Board members have appointed Andrew Male, Executive Director, as Interim CEO.

 

 

 

 

--ENDS--

For additional information please contact:

 

Cloudbreak Discovery PLC 

Tel: +44 7926 397 675

 

 

Andrew Male

andrew@westridgemi.com

 

Novum Securities

(Financial Adviser)

Tel: +44 7399 9400

 

 

David Coffman / George Duxberry

 

Oberon Capital

(Broker)

Tel: +44 20 3179 5355 /

        +44 20 3179 5315

 

Nick Lovering / Adam Pollock

 

 

 

 

Stellium Services

(Investor Relations)

Tel: +44(0)207 129 1205

Cloudbreak@StelliumServices.com

www.StelliumServices.com

Andrew Wilson

 

 

Claire Bowden

 

 

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.