Friday, 4 May 2007

OneMove Takes Major Financial Step Forward


With proceeds from a nearly $8 million private placement in the bank, OneMove's leadership has expansion on their minds.
OneMove announced Friday (May 4th) it raised $7,999,920 in gross proceeds through the efforts of agents, Cormark Securities Inc. (formerly Sprott Securities) and Canaccord Capital Corporation.
The company said net proceeds will be used for working capital in order to increase sales through its wholly-owned British subsidiary, the purchase of capital assets, research and development and repayment of debt.
Click here to read the full news release.