Cloudbreak Resources Ltd.
TSX VENTURE : CDB
FRANKFURT : C6K

Cloudbreak Resources Ltd.

November 10, 2010 15:23 ET

Cloudbreak Financing Oversubscribed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2010) - Cloudbreak Resources Ltd. (TSX VENTURE:CDB)(FRANKFURT:C6K) (the "Company") is pleased to report that its private placement announced on October 25, 2010, has been oversubscribed and increased to $3,238,499.50.

The proceeds from the offerings will be used for exploration and development of the Company's assets, acquisition of additional assets and general working capital. All shares issued pursuant to the Offering will be subject to a four month hold period. No warrants are being issued as part of the Offering. Finders' fees are payable as previously announced.

ON BEHALF OF THE BOARD

"Peter Bryant"

President & Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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