Atlas Cloud Receives Conditional Change of Business Approval

Blockchain Investing

Atlas Cloud (CSE:AKE) has announced it has received conditional approval related to its proposed change of business which was announced January 2, 2018. As quoted in the press release: Final approval by the Canadian Securities Exchange to the proposed change of business is subject to the completion of any and all outstanding CSE application documentation …

Atlas Cloud (CSE:AKE) has announced it has received conditional approval related to its proposed change of business which was announced January 2, 2018.

As quoted in the press release:

Final approval by the Canadian Securities Exchange to the proposed change of business is subject to the completion of any and all outstanding CSE application documentation and payment of fees pursuant to the policies of the exchange.

The Company intends to seek security holder approval by way of a consent resolution. A subsequent date for the resumption of trading will be determined upon confirmation of the conditions as outlined above having been met.

In related news, the Company announces the resignations of Matthew McKibbin, Chief Blockchain Officer, and Timothy Lewis, Chief Technology Officer, effective immediately. The Company thanks Mr. McKibbin and Mr. Lewis for their service and wishes them success in their future endeavours.

Click here to read the full press release.

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