mCloud Technologies Corp (MCLD)

[ACanJadaS]

mCloud Announces Filing of Final Base Shelf Prospectus
April 17, 2020

VANCOUVER, April 17, 2020 – mCloud Technologies Corp. (TSX-V: MCLD, MCLD.DB) (OTCQB: MCLDF) (“mCloud” or the “Company”), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence (“AI”), and analytics, is pleased to announce that it has filed a final short form base shelf prospectus (the "Prospectus") with the securities regulatory authorities in each of the provinces of Canada. Once a receipt is issued for the Prospectus, the Prospectus will allow the Company to offer from time to time, over a 25-month period, common shares, preferred shares, debt securities, subscription receipts, warrants and units with an aggregate value of up to $200 million. Should the Company offer any securities, it will make a prospectus supplement available that will include the specific terms of the securities being offered.