600k raised a few weeks ago3 Sep 2025 09:13
Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, is pleased to announce that it has raised Β£600,000 (gross) at 0.475 pence per share, representing a 10% discount to the closing price on 27 August 2025, from one existing and two new strategic institutional investors including a US based investment fund specialising in mining.
Tom Evans, Cloudbreak's MD, commented: "I am delighted by the support provided by the strategic new and long term shareholders of the Company. This placing enables us to greatly accelerate the work programme planned at our recently announced increased acreage at Darlot West, and further, to crystallise some exciting opportunities the Company has already negotiated exclusivity on. I look forward to updating shareholders in the coming weeks "