ONENERGY INC. ("OEG") ("OEG.A")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to an Asset Purchase Agreement (the "Agreement") dated November 18, 2014 between an arm's length party (the "Vendor") and ONEnergy Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire substantially all the assets of 2289274 Ontario Limited operating as AVACOS Clean Energy which provides energy generation and energy efficiency products and services and is based in Toronto, Ontario.
In consideration the Company shall issue 10,966,000 multiple voting shares plus 15,425,262 subordinated voting shares to the Vendor.
For more information, refer to the Company's news release dated November 19, 2014.
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