Company
Cloudbreak Discovery PLC
LON:CDL
Cloudbreak Discovery PLC is a leading natural resource project generator and royalty business. The company 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.
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Cloudbreak Discovery initiates restructuring plan, as first royalty payment from Masten Unit Energy comes in
Cloudbreak has a broad and diverse portfolio of projects situated in many jurisdictions
Cloudbreak Discovery reports results for 'active' first financial year as a listed company on the LSE
Kyler Hardy, the company's chairman, president and chief executive officer said: "We are starting to see some projects reach a point where we could potentially begin receiving royalty payments further underpinning the benefit of our busines
Cloudbreak Discovery completes survey of Northern Treasure project
“We are looking forward to refining the interpretation and getting back out on the project next year," said Cloudbreak chief executive Kyler Hardy
Cloudbreak Discovery draws down over £200,000 to advance acquisitions
The shares were issued at 1.1p each, resulting in 18.5mln new ordinary shares being issued
Cloudbreak Discovery reports positive results from reconnaissance surface programme at Foggy Mountain project
“Our focus is now on identifying a partner to further explore Foggy Mountain and if successful, develop the project to its full potential," said Cloudbreak chief executive Kyler Hardy
Cloudbreak Discovery to draw down £180,000 of equity facility for acquisitions
It issued 12 million new shares at 1.5 pence each, a 13% premium on yesterday's closing share price
Norseman completes acquisition of Caribou property and executes royalty agreement
Cloudbreak is a leading natural resources project generator with a particular focus on commodities key to the energy transition
Cloudbreak Discovery begins airborne magnetic surveys over Northwestern Portfolio
Power Group Projects Corp will finance surveys for three of the four projects
Cloudbreak Discovery acquires royalty interest in producing project in Texas
The current production at Masten is 80 barrels of oil per day and 130 thousand cubic feet of gas per day from 18 active wells
Cloudbreak Discovery acquires Foggy Mountain gold-silver-copper project in British Columbia
The project is east of Centerra Gold Inc’s copper-gold Kemess project and lies along a mineralized corridor containing several past producing mines
Cloudbreak appoints former Montreal Bank managing director to board
Before BMO, Gurney spent seven years as an IBM salesperson
Cloudbreak Discovery lands Namibia opportunity
"This agreement provides another exciting opportunity in Cloudbreak's diversification strategy into the energy sector,” said Kyler Hardy
Cloudbreak Discovery teams up for Namibia oil and gas exploration
“Recent discoveries by several major and midsized global energy companies in Namibia have opened significant opportunity to participate in new exploration initiatives in the country," CEO Kyler Hardy said
Cloudbreak Discovery upbeat on outlook as it continues to evaluate prospects
Cash and cash equivalents were up at £735,000 from £39,299
Cloudbreak Discovery enters option agreement on Icefall polymetallic project in Canada
Icefall is part of the Northwest Portfolio of polymetallic projects
Cloudbreak Discovery raises about £1.5mln via placing
It placed about 19.6 million shares with new investors at 7.5p, a 20% discount to yesterday's closing price
Cloudbreak Discovery inks option deal for Rizz project
The deal will see Cloudbreak team-up to advance the project in British Columbia.
Cloudbreak Discovery showcases progress on multiple fronts since listing last year
Cloudbreak is also generating projects in West Africa
Cloudbreak Discovery agrees option for Stateline copper project
Alianza and Cloudbreak will retain a 2% net smelter royalty.
Cloudbreak Discovery expecting an active year ahead
"Since listing on the main market earlier this year, Cloudbreak has been successfully executing its business model with 13 out of our 17 assets now optioned to partners."
Cloudbreak Discovery and Alianza sign option agreement with Allied Copper to develop Klondike project
The Klondike property was the first project acquired under a strategic alliance between Cloudbreak and Alianza
Cloudbreak Discovery and Alianza Minerals define 3 copper targets at Colorado property
"We are in a great position at Klondike having defined three high priority areas at the West Graben, East Graben and Northeast Fault targets,” said Cloudbreak president and chief executive Kyler Hardy
Cloudbreak Discovery and Alianza Minerals acquire Stateline Property in US
Its proximity to the Lisbon Valley Mine Complex makes Stateline a highly prospective project
Cloudbreak Discovery brings in partner for Yak project in Canada
Cloudbreak will retain a 2% net smelter royalty once production starts
Cloudbreak Discovery to partner Power Group Projects at Atlin West
"PGP will be exceptional partners to have on this asset," said Cloudbreak chief executive Kyler Hardy
Cloudbreak Discovery pushes ahead with Canadian exploration programmes
Cloudbreak Discovery has considerable experience operating in the region
Cloudbreak Discovery finds exploration partner for South Timmins gold project in Canada
The partner, identified as 1315956 BC Ltd, will commit up to C$1.5mln (£0.9mln) in exploration expenditure
Cloudbreak Discovery signs up explorer for Atlin West gold-silver project
"We believe that modern exploration applied to this claim group could further expand on the geologic picture and understanding of the potential currently only highlighted by limited prospecting," said CEO Kyler Hardy
Cloudbreak broadens its expertise with new top-level hires
Cloubdreak is one of only two mining project generator companies listed in London
Cloudbreak Discovery’s strategic alliance makes first acquisition
"We know these rocks are prospective for copper mineralisation as evidenced by other deposits", Cloudbreak president and chief executive Kyler Hardy said in a statement
Cloudbreak updates on first well spudded by Imperial Helium
Cloudbreak is a project generator in the natural resources space, and is building a diverse portfolio of assets
Cloudbreak Discovery says investee company Imperial Helium permitted to drill Alberta well
The initial well is set to be drilled to 2,047 metres on the crest of the Steveville structure
Cloudbreak stands out from the crowd as London’s only prospect generator in battery metals and bulks
Cloudbreak took an indirect stake in a Serbian borate project on 22 June, its first transaction post-listing