20 January 2022

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

Board Update

Cloudbreak Discovery Plc ("Cloudbreak") (LSE: CDL), a natural resource project generator, today announces that Kyle Hookey has stepped down as Non-Executive Director of the Company with immediate effect but will continue as a key advisor. The Board would like to thank Kyle for assisting the Company through the IPO process and its initial phase as a quoted company.

Kyler Hardy, President and CEO of Cloudbreak, stated "Kyle has been a great asset to Cloudbreak as a director and will continue to be involved with an integral advisory role with the Company.  In the coming months, we will be seeking a replacement director whose skill set will allow Cloudbreak to continue with its growth and execution of its business plan"

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-

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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. Diversification within the mining sector and amongst resource classes is key to withstanding the cycles of natural resource investing.