http://atlanticcarbongroup.com/News/RNS.html Notice of General...

http://atlanticcarbongroup.com/News/RNS.html

Notice of General Meeting

The Company announced earlier today that it had successfully raised a total of £1 million (before expenses) as a result of a subscription for 482,833,334 new Ordinary Shares at a subscription price of 0.12p per Share and the exercise of 288,000,000 warrants (the “Warrants”) to subscribe for 288,000,000 new Ordinary Shares in aggregate at an exercise price of 0.12p per Warrant (together, the “Fundraising”).

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As the Company announced on 21 October 2016, it remains in dialogue with Live Microsystems, Inc. regarding a potential investment by Live Microsystems, Inc. in the Company. The authority given pursuant to the Resolutions will enable the Board to continue discussions with Live Microsystems, Inc. whilst also, at the same time, evaluating and pursuing other potential sources of capital for the Company. The Directors currently intend to use the net proceeds of Ordinary Shares issued pursuant to the authorities given by the Resolutions for working capital purposes. However, the Directors also reserve the right to issue Ordinary Shares pursuant to such authorities for any other purpose or purposes as they consider appropriate. If the Resolutions are not passed at the General Meeting or if no further capital is invested in the Company by way of a subscription for new Ordinary Shares, no assurance can be given that the Company will be able to continue as a going concern. It is therefore of the utmost importance that Shareholders vote in favour of the Resolutions.

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Not sure where this leaves Atrum…. But it doesn’t read like any ‘alternate transaction’ is still on the table….