ONESOFT SOLUTIONS INC. ("OSS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 23, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Asset Purchase and Sale Agreement (the "Agreement") dated June 20, 2022 between the Company and MESA Products, Inc. (the "Vendor") Pursuant to the terms of the Agreement, the Company will acquire 100 per cent of the equity interest of the assets and business operations, which includes the Integrity Management line of business and the RIPL Software (the "RIPL Business"). As total consideration, the Company will provide the Vendor over the next 3 year-period an aggregate of USD$375,000 in cash payments and the issuance of 1,828,125 common shares ("Share Consideration") of the Company.
Insider / Pro Group Participation: None.
For further information, refer to the Company's news release dated June 23, 2022.
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