mCloud to Discuss Recent Carbon Royalty Corp Agreement and Middle East Strategic Financing Alternatives at Upcoming Conference Call

Rhea-AI Summary

mCloud Technologies Corp. (NASDAQ: MCLD), a leader in AI-powered asset management and ESG solutions, announced a delay in its upcoming conference call to discuss its recent agreement with Carbon Royalty Corp and explore strategic financing options in the Middle East. A new date and time for the call will be provided soon. The Company leverages its AI-driven AssetCare™ platform to enhance the performance of energy-intensive assets globally, with over 63,000 connected assets and a strong customer base. For more information, visit www.mcloudcorp.com.

New date and time being set for conference call; details forthcoming

CALGARY, AB, March 30, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ: MCLD) (TSXV: MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, today announced it will discuss a recent announcement with Carbon Royalty Corp and Middle East strategic financing alternatives at its upcoming conference call for the year-end and fourth quarter of 2021.

The Company requires additional time to address these developments in its report of earnings and the upcoming conference call. A new date and time is forthcoming and these details will be provided as soon as they are available.

About mCloud Technologies Corp.

mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.

With a worldwide presence and offices in San Francisco, Vancouver, Calgary, London, Perth, Singapore, and Beijing, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare.  With over 100 blue-chip customers and more than 63,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.

mCloud's common shares trade in the United States on the Nasdaq and in Canada on the TSX Venture Exchange under the symbol MCLD. mCloud's convertible debentures trade on the TSX Venture Exchange under the symbol MCLD.DB. For more information, visit www.mcloudcorp.com.

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SOURCE mCloud Technologies Corp.

FAQ

When will mCloud Technologies Corp. discuss its recent agreement with Carbon Royalty Corp?

mCloud Technologies Corp. will announce a new date and time for its conference call to discuss the agreement and strategic financing options in the Middle East soon.

What is mCloud Technologies Corp.'s focus in asset management?

mCloud focuses on AI-powered asset management, maximizing energy production, and curbing energy waste through its AssetCare™ platform.

What are the stock symbols for mCloud Technologies Corp.?

mCloud Technologies Corp. trades under the symbol MCLD on NASDAQ and TSX Venture Exchange.

How many assets are connected through mCloud's platform?

mCloud has over 63,000 assets connected worldwide through its AssetCare™ platform.

Where is mCloud Technologies Corp. based?

mCloud Technologies Corp. is based in Calgary, AB, with offices in major cities like San Francisco, Vancouver, London, and Beijing.