Friday, 4 May 2007

OneMove Completes British Takeover

OneMove Technologies has now secured 100% ownership of its British subsidiary, thus clearing the last hurdle for completion of a previously announced private placement.
In a press release issued at the close of markets May 3rd, OneMove stated the TSX Venture Exchange gave its stamp of approval for OneMove's deal to take over the remaining 27.5% of its British subsidiary.
Complete ownership of the subsidiary was a major condition for closing of the private placement, which OneMove said was scheduled to occur today (May 4th.)
For further details, please click here for the full news release.