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OneMove Closes Debt Settlement

OneMove Closes Debt Settlement.

articleOsisko Metals IncorporatedJuly 28, 20073/company/osisko-metals-incorporated/news/onemove-closes-debt-settlement
OneMove Closes Debt Settlement

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[{"type":"text","content":"\n\n\n\nVANCOUVER, July 28 /CNW/ - OneMove Technologies Inc. ("OneMove" or the\n"Company") (TSX.V:OM) is pleased to announce that further to its news releases\ndated June 28 and July 4, 2007, OneMove has received approval from the TSX\nVenture Exchange and completed the debt settlement on July 27, 2007. The\nCompany issued 28,500 common shares of the Company at a deemed price of $0.67\nper share to the University of Northern British Columbia in settlement of a\ndebt of $29,067 owed by its British Columbia subsidiary OneMove Online Systems\nInc. The Company also issued 236,000 common shares of the Company at a deemed\nprice of $0.55 per share to Litmus Blue Communications LLP in settlement of a\ndebt of $129,800 or (pnds stlg)59,000 owed by its UK subsidiary One Move\nLimited.\n\n\nThe common shares issued to the Company's creditors are subject to a hold\nperiod in British Columbia expiring on November 28, 2007.\n\n\nAbout OneMove Technologies. www.onemovetech.com\n\n\nOneMove began its business by developing a sophisticated software program\nthat brought innovative advantages for all involved in British Columbia's real\nestate market, a Canadian province where real estate transactions were already\nnear perfectly executed. OneMove then entered the market in the United Kingdom\noffering 'one-stop shop' services designed to simplify all aspects of buying\nand selling a home. OneMove currently operates in the British Columbia and\nU.K. markets. OneMove facilitates efficient communication between parties such\nas lawyers, conveyancers, realtors, lenders, buyers and sellers. OneMove's\nU.K. operations also offers a one-stop online shop for home buyers to access\nreal estate listings through the largest property search portal, its unique\ninsurance product, and its association of service providers which include\nrealtors, solicitors and lenders (www.onemove.com).\n\n\n%SEDAR: 00023118E\n\n\n","length":1975,"tagName":"div"}]

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