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Re: greenwillow post# 20

Thursday, 05/17/2018 10:43:31 AM

Thursday, May 17, 2018 10:43:31 AM

Post# of 531

The development of the Company’s business to digital currency mining has been deemed a fundamental change under the policies of the Canadian Securities Exchange. As a result, the Company’s expansion of its business remains subject to the approval of the Company shareholders and the Exchange.

The Company plans on relying on shareholder consent for a change of business and a listing statement as the disclosure document. The Company has submitted the listing statement to the Exchange and will send the consent resolution to shareholders after the Company has received conditional approval of the listing statement. Upon the Company meeting the requirements under the CSE Policy 8 - Fundamental Changes and Changes of Business, the Company’s common shares will resume trading.


So the timeline for resuming trading at CSE looks like still a couple months off. The timeline for completion/operation of the new facility looks like Q3:

As previously reported, Atlas Cloud’s five-megawatt (5.0 MW) Grant County Data Centre (GCDC) is nearing completion of an extensive and fully-funded $3,000,000 CAD renovation into a dedicated Bitcoin mining facility. Electrical and mechanical efforts are proceeding as planned with anticipated completion on-track for Q2/18. Upon completion, the regional power utility will supply a transformer suited to the currently proposed electrical requirements. The GCDC facility is anticipated to be fully operational in Q3/18.



https://globenewswire.com/news-release/2018/05/17/1508234/0/en/Atlas-Cloud-Mining-Underway-and-Facility-Completion-on-Schedule.html