Cloudbreak Discovery PLC (LSE: CDL) announces that it has issued 200,500 new ordinary shares pursuant to the exercise of 500 warrants at 3p per share and 200,000 warrants at 5p per share, raising gross proceeds of £10,015.
Application is being made for the new ordinary shares to be admitted to trading which is expected to be on or around 20 April 2022. These shares rank pari passu with the existing ordinary shares of the Company. Following the issue of these shares, the Company’s issued ordinary share capital shall consist of 483,174,200 ordinary shares. The figure of 483,174,200 represents the total voting rights in the Company and should be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s (“FCA”) Disclosure Guidance & Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the Company’s obligations under Article 17 of MAR.
-ENDS-
For additional information please contact:
| Cloudbreak Discovery PLC | Tel: +1 604 428 9480 | |
| Kyler Hardy, CEO | khardy@cloudbreakdiscovery.com | |
| Novum Securities (Financial Adviser) | Tel: +44 7399 9400 | |
| David Coffman / Lucy Bowden | ||
| Shard Capital Partners (Broker) | Tel: +44 207 186 9900 Damon Heath / Isabella Pierre | |
| BlytheRay (Financial PR/IR-London) | Tel: +44 207 138 3204 | Cloudbreak@blytheray.com |
| Tim Blythe Megan Ray | ||
| 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, working across a wide array of mineral assets that are being developed and managed by an experienced team with a proven track record. Value accretion within the projects being developed by Cloudbreak’s generative model enables a multi-asset approach to investing and exploration. Diversification within the mining sector and amongst resource classes is key to withstanding the cycles of natural resource investing.
