logo-loader
viewmCloud Technologies Corp

Universal mCloud to double revenue with royalty acquisition

Universal mCloud (CVE:MCLD) CEO Russ McMeekin tells Proactive Investors the Internet of Things and cloud-solutions specialist has struck a royalty acquisition deal, taking 100% of Flow Capital's (CVE: FW) royalty agreement with Agnity Global.

McMeekin says the deal will double the group's revenue and allow it to provide enhanced services to customers.

Quick facts: mCloud Technologies Corp

Price: 5.5 CAD

TSX-V:MCLD
Market: TSX-V
Market Cap: $88.34 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of mCloud Technologies Corp named herein, including the promotion by the Company of mCloud Technologies Corp in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Universal mCloud raises more than C$5.5mln, announces US listing on OTCQB...

Universal mCloud (TSX-V: MCLD) (OTCQB: MCLDF) CEO Russ McMeekin tells Proactive Investors the cloud technology company began trading on the OTCQB venture market and raised more than C$5.5mln. McMeekin says the exciting part of this is that many of the provinces in Canada and many...

on 30/5/18

2 min read