Announcement • May 22
Cloudbreak Discovery plc Announces Eis Geophysics Application Granted At Paterson, Wa Cloudbreak Discovery PLC, a London Stock Exchange Main Market listed company, was advised that an application for a co-funded geophysics program has been granted covering the Company's Paterson Project located ~40km south of the Telfer Gold-Copper Mine and ~60kms SW of the Havieron Gold-Copper Mine in the Paterson region of Western Australia ("Paterson"). Geophysics program award under the West Australian Government's Exploration Incentive Scheme (EIS) covering the Paterson Project. Co-funded geophysics grant of up to $269,270 ($438,540 project overall cost, 50% funded by government plus a one-off payment of up to $50,000) to undertake widespread, semi-regional, MobileMT Surveying. MobileMT surveying in the Paterson region has already proven to be effective in mapping resistivity contrasts, structure and geological complexity /direct targets under considerable cover depths. Cloudbreak has built a large, strategic landholding within the Paterson region (~888km²) which is deemed prospective for copper-gold-molybdenum mineralisation. The Paterson Project represents a strategic 888km² land package in Western Australia's premier exploration frontier, located just 40km from the 15-million-ounce Telfer Gold-Copper Mine. With compelling historical drill results (Cu, Au and Mo) and multiple untested geophysical targets, this project offers substantial discovery potential in a region renowned for major mining operations and new discoveries. The proposed MobileMT AEM survey encompasses approximately 2,771 line kms. Coverage is proposed to be acquired at 400m spaced survey lines (flown NE-SW) to provide effective exploration for large mineral systems. Line spacing is believed to be suitable for detection of sulphide bodies/alteration systems of significant areal size/footprint at reasonable exploration depth under cover. Planned survey lines are designed to be roughly perpendicular to the average geological strike, which is believed optimal. Survey height/sensor height is proposed to be ~60-80m above ground level. This modern passive AEM survey is appropriate for the exploration target/geological model, as it has the ability to rapidly map structure, conductors/resistors (relative resistivity contrasts) under significant cover/overburden over broad project areas. Such surveying has been very valuable for a number of exploration groups within the Paterson region in recent years to provide direct exploration vectors. The survey will be flown by Expert Geophysics in the coming months with their proprietary MobileMT AFMAG system and interpretation will be completed by Russell Mortimer of Southern Geoscience Consultants (SGC). MobileMT is an airborne natural-field electromagnetic technology that maps subsurface resistivity by measuring variations in naturally occurring EM signals over a broad frequency range. The heliborne system is designed for broadband acquisition (26 Hz to 21 kHz), providing sensitivity to both shallow and deep structures. The resulting products are geology-meaningful resistivity images that support 3D resistivity mapping, structural interpretation, and targeting. This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Announcement • May 08
Cloudbreak Discovery Plc, Annual General Meeting, Jun 05, 2026 Cloudbreak Discovery Plc, Annual General Meeting, Jun 05, 2026. Location: the offices of bird and bird llp, 12 new fetter lane, ec4a 1jp, london United Kingdom New Risk • Apr 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.40m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-UK£414k). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£7.40m market cap, or US$9.85m). 
