Business
OneMove Issues Bonus Shares for Bridge Loans
OneMove Issues Bonus Shares for Bridge Loans.
About this update from Osisko Metals Incorporated
[{"type":"text","content":"\n\n\n\nVANCOUVER, May 15 /CNW/ - OneMove Technologies Inc. ("OneMove" or the\n"Company") (TSX.V:OM) announces that they have issued a total of 372,500 bonus\nshares in consideration of $1,490,000 in bridge loans provided by various\nlenders to the Company. The bonus shares are subject to a four month hold\nperiod commencing on the date of issuance.\n\n\nIn connection with the bridge loan from GC-Global Capital Corp.\n("GC-Global"), the Company paid to Kingsdale Capital Markets Inc. a cash\nfinder's fee of $25,000, which is equal to 5% of GC-Global's loan, and issued\nto Kingsdale share purchase warrants to purchase up 12,500 common shares at a\nprice of $0.50 per share exercisable for twenty four (24) months.\n\n\nThe bridge loans were repaid from the net proceeds of the Company's\nrecent private placement through Cormark Securities Inc. and Canaccord Capital\nCorporation as agents.\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":1962,"tagName":"div"}]