RE:cloudbreakHi tmp,
As per the News Release of
Sept 30/20 Cloudbreak Discovery Corp owns 10M shares or 17.5% of Temas Resources. Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - CloudBreak Discovery Corp. ("CloudBreak" or the "Company") today announced that it has acquired 10,000,000 common shares (each, a "Share") of Temas Resources Corp. ("Temas") pursuant to a property purchase transaction under which the Company sold its interest in the La Blache Property to Temas. Prior to closing the purchase transaction, CloudBreak did not own or control any Shares. Following closing of the transaction, CloudBreak owns or controls 10,000,000 Shares, representing approximately 17.25% of the total number of issued and outstanding Shares.
CloudBreak acquired the Shares for investment purposes only, and depending on market and other conditions, CloudBreak may from time to time in the future increase or decrease its ownership, control or direction over securities of Temas, through market transactions, private agreements, or otherwise. The head office of CloudBreak is located at 1153 W 22nd Street, North Vancouver.
FYI, CloudBreak investments for now has been mostly in mining and a few O&G projects. Kyler Hardy is the CEO for CloudBreak and he also CEO of a Finance Company called "Cronin Capital Corp". Listed on the LSE and stock price is forcasted to increase moving forward.
FYI, I have read two comments in News Releases on the CloudBreak website, Kyle likes the Piskanja property and they have intentions of investing additional $ into Temas Resources.
To me it's a no brainer, but I suspect CloudBank/Cronin Capital Corp would probably front additional cash into Temas for the costs of the Piskanja PEA, Parts 1,2,3 to obtain a higher % ownership of Temas Resources wouldn't you think?
Due your own dd.
(bb-99)