Atlas Cloud Mining Inc.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-3143190
Atlas Cloud Mining Inc. filed an assignment in bankruptcy on October 17, 2024, with MNP Ltd. acting as trustee of the estate under court file no. 31-3143190 in Ontario; the proceeding is recorded as commencing October 21, 2024 and remains active. The Statement of Affairs, unaudited and prepared from the company's books and records without review by the trustee, reports total liabilities of $26,993,454, comprising secured claims of $111,280, unsecured claims of $14,893,454 and contingent claims of $12,100,000, stated as the document's own total. Claims as Filed as of 5:00 p.m. on November 4, 2024 total $12,826,280, of which $12,715,000 is unsecured. A PPSA registry search as of October 16, 2024 indicated no parties with a security interest in the assets. Claims have not yet been reviewed or admitted for distribution.
Certificate of Appointment dated was filed. Court file 31-3143190.
Source: Certificate of Appointment dated
Debtor
Atlas Cloud Mining Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 563 casesSOA reported unsecured claims of $14,893,454 (approximation from Statement of Affairs); document names no individual creditors; claims not yet reviewed/admitted for distribution. — debtor: Atlas Cloud Mining Inc. · as of 4 Nov 2024 | $12.7M | Trustee's Preliminary Report |
| Unsecured |
1 more claim in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: not yet estimated.Trustee's Preliminary Report · 4 Nov 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | ACM's creditors | — | not yet estimated | per the trustee | Trustee's Preliminary Report · 4 Nov 2024 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| PDF · Subscribers | |
Tear sheet of newspaper ad of the notice of the bankruptcy
| PDF · Subscribers | |
Creditor's Package
| PDF · Subscribers | |
Certificate of Appointment dated
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Atlas Cloud Mining Inc.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/atlas-cloud