Company grants options to Directors and Officers
VANCOUVER, Feb. 25 /CNW/ - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM), a leading web-based real estate transaction platform, announced today that Mitchell H. Gropper, QC has been appointed to its Board of Directors.
"We are pleased to welcome Mitchell to the Board," said Martin Johnson, President and CEO, OneMove. "He has decades of experience in the legal profession, spanning a variety of practice areas, including real estate. We look forward to leveraging his breadth of experience and relationships to help drive OneMove's continuing success, specifically in the B.C. real estate market."
Mr. Gropper is a seasoned lawyer with more than 40 years of experience, focussing primarily on real estate, mergers and acquisitions, corporate finance and corporate commercial. He is currently a partner at British Columbia-based law firm, Farris, and was with McCarthy Tetrault for more than 20 years, serving as Managing Partner of the Vancouver office between 1988 and 1990. Prior to that, he spent three years as a professor of law at the University of Western Ontario. Mr. Gropper is presently a member of the Securities Law Advisory Committee of the British Columbia Securities Commission, a member of the Canadian Bar Association and the Canadian Tax Foundation and is also an organizing member of the Canadian Council for Public Private Partnerships. Mr. Gropper has also served on the Boards of Concert Properties Ltd. and Norske Skog Canada Ltd., where he was a member of the Audit, Human Resources and Corporate Governance Committees.
OneMove also announced today that it has granted 1,600,000 options, 1,500,000 of which have been granted to Directors and Officers of the Company. Each option is exercisable to acquire one common share at a price of $0.10. The options granted have been approved by the Company's Board of Directors and are subject to expire on February 21, 2011.
About OneMove Technologies Inc.
OneMove Technologies Inc. (TSX-V: OM) is a real estate transaction platform, currently serving the British Columbia, England and Wales real estate markets. By combining personal service, unique products and leading edge technology, OneMove(TM) simplifies and expedites the process of buying and selling real estate. The Company's product and service offerings include: econveyance(TM) the largest conveyance platform in British Columbia, and a Move Management System, Personal Moving Consultants, Home Buyer Expense Insurance, and the largest free online real estate listing database in England and Wales. Additional information about OneMove can be found at www.onemovetech.com or www.sedar.com.
Forward Looking Statements
This press release contains certain "forward looking statements." These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and OneMove Technologies Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.
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