News


Atlas Cloud announces Proposed Private Placement and Change of Director and Officer

Posted by on 10:06 pm in Blog | Comments Off on Atlas Cloud announces Proposed Private Placement and Change of Director and Officer

Atlas Cloud announces Proposed Private Placement and Change of Director and Officer

Atlas Cloud Enterprises Inc. (the “Company” or “Atlas Cloud”) (CSE: AKE) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 40,000,000 units (the “Units”) at a price of $0.35 per Unit for gross proceeds of up to $14,000,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Share”) and one transferable common share purchase warrant (a “Warrant”), with each Warrant exercisable into one additional Share at a price of $0.75 for a period of 24 months...

read more

News Release Update – Nov 1, 2017

Posted by on 8:31 pm in Blog | Comments Off on News Release Update – Nov 1, 2017

News Release Update –  Nov 1, 2017

Atlas Cloud Enterprises Inc. (the “Company” or “Atlas Cloud”) (CSE: AKE) announces that further to its news release of October 18, 2017, it has: issued a total of 4,217,647 shares at the deemed price of $0.25 per share to settle an aggregate principal amount of $1,023,000 plus accrued interest of $31,361.72 outstanding under its convertible debentures; and issued a total of 49,999,997 special warrants at $0.06 per special warrant to raise $3,000,000 pursuant to a non-brokered private placement. Each Special Warrant will entitle the holder to...

read more

Private Placement – Oct 18, 2017

Posted by on 8:56 pm in Blog | Comments Off on Private Placement – Oct 18, 2017

Private Placement –  Oct 18, 2017

Atlas Cloud Enterprises Inc. (the “Company” or “Atlas Cloud”) (CSE: AKE) announces its intention to undertake a non-brokered private placement of up to 50,000,000 Special Warrants at $0.06 per Special Warrant, to raise up to $3,000,000. Each Special Warrant will entitle the holder to receive, without payment of any additional consideration or need for further action, subject to customary anti-dilution provisions, one Unit on the earlier of: (i) four months and a day after closing; and (ii) the day a receipt is issued by the applicable...

read more

Atlas Cloud closes second tranche of Private Placement

Posted by on 10:12 pm in Blog | Comments Off on Atlas Cloud closes second tranche of Private Placement

Atlas Cloud closes second tranche of Private Placement

Atlas Cloud Enterprises Inc. (the “Company”, “Atlas Cloud”)(CSE: AKE) is pleased to announce that, further to news releases dated May 12, 2016 and July 7, 2016, the Company has completed a second tranche closing of its private placement and it has to date issued an aggregate of $1,023,000 of convertible debentures (“Debentures”). The Debentures (i) bear interest at a rate of 9% per annum, calculated and payable semi-annually, (ii) mature 36 months from the date of issuance (the “Term”), and (iii) are convertible during the Term, at the option...

read more

Atlas Cloud Closes Private Placement – Jul 7, 2016

Posted by on 1:42 am in Blog | Comments Off on Atlas Cloud Closes Private Placement – Jul 7, 2016

Atlas Cloud Closes Private Placement – Jul 7, 2016

Atlas Cloud Enterprises Inc. (the “Company”, “Atlas Cloud”)(CSE: AKE) is pleased to announce that, further to news release dated May 12, 2016, the Company has completed a first tranche closing of its private placement through the issuance of $1,002,000 of convertible debentures (“Debentures”). The Debentures (i) bear interest at a rate of 9% per annum, calculated and payable semi-annually, (ii) mature 36 months from the date of issuance (the “Term”), and (iii) are convertible during the Term, at the option of the holder, into common shares at...

read more

Atlas Cloud amends and re_files February 29, 2016 – Quarterly Financial Statements

Posted by on 8:24 pm in Blog | Comments Off on Atlas Cloud amends and re_files February 29, 2016 – Quarterly Financial Statements

Atlas Cloud amends and re_files February 29, 2016 – Quarterly Financial Statements

As a result of a review by the British Columbia Securities Commission, we are issuing the following press release to clarify our disclosure. There were three main areas of change in the amended financial statements and amended management discussion and analysis. Firstly, the comparative information on the Statement of Financial Position at February 29, 2016 was changed from the information at February 28, 2015 to the information shown at the year end of May 31, 2015. Secondly, the insiders referred to as three directors was changed to...

read more

Atlas Cloud extends Warrants – Amendment of Outstanding Warrants

Posted by on 8:42 pm in Blog | Comments Off on Atlas Cloud extends Warrants – Amendment of Outstanding Warrants

Atlas Cloud extends Warrants – Amendment of Outstanding Warrants

Atlas Cloud Enterprises Inc. (the “Company”) announces that it has amended the terms of its outstanding share purchase warrants. On July 23, 2014 the “Company” closed the private placement and issued 4,150,500 units at $0.15 per unit to various placees. Each unit was comprised of one common share and one half a share purchase warrant. The exercise price of one full purchase warrant was $0.25 per warrant until July 4, 2016. The term of the warrants issued to the private placees has been extended one year with the result that the warrants...

read more

Atlas Cloud provides shareholder update

Posted by on 9:13 pm in Blog | Comments Off on Atlas Cloud provides shareholder update

Atlas Cloud provides shareholder update

Atlas Cloud Enterprises Inc. (the “Company”, “Atlas Cloud”)(CSE: AKE) is pleased to announce the substantial completion of its Tier 2 data centre at 308 East 5th Ave. Vancouver. Atlas Cloud, in parallel to the build out, started on-boarding clients in June 2015. Since that time Atlas Cloud has completed a major power upgrade, added a generator and transfer switch. It has also completed the second phase power distribution and cooling connections. In December 2014, Atlas Cloud acquired the assets of “The Cranium” a technology...

read more

Atlas Cloud announces Loan Arrangement

Posted by on 9:26 pm in Blog | Comments Off on Atlas Cloud announces Loan Arrangement

Atlas Cloud announces Loan Arrangement

Atlas Cloud Enterprises Inc. (the “Company”)(AKE:C) announces that it has arranged a loan in the amount of CAD$200,000. The loan is for a period of one year, bearing interest at 10% per annum. Three directors of the Company are providing an aggregate 25% of the loan amount. Bonus shares equal to 20% of the loan amount, issuable at market price, will be payable to the lenders. The loan is subject to regulatory approval. The proceeds of the loan will be used: to complete the BC Hydro upgrade to 1600 amp service currently in-process to complete...

read more

500 Kilowatt Power Upgrade Completed

Posted by on 8:09 pm in Blog | Comments Off on 500 Kilowatt Power Upgrade Completed

500 Kilowatt Power Upgrade Completed

Atlas Cloud has completed Phase II of the power upgrade to 500 Kilowatts. We are now able to offer 10kw APC Racks for collocation and cloud services.    

read more