Cloudbreak Discovery PLC (LSE:CDL) has secured £600,000 through a share placement at a 10% discount, with participation from strategic institutional investors, including a US-based mining fund. The funds will be used to accelerate the work program at the Darlot West Project and support general working capital. The company has also entered a stock lending agreement with Crestmont Invest Inc., with plans to issue a prospectus and apply for a London Stock Exchange listing, aimed at enhancing operational capacity and market visibility.
About Cloudbreak Discovery PLC
Cloudbreak Discovery PLC is a natural resource exploration and project development company. It focuses on mineral and energy projects, employing a multi-asset, generative approach to develop assets with high intrinsic value and drive long-term shareholder growth.
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