TORONTO, CANADA / TheNewswire / December 18, 2017 – ONEnergy Inc. (“ONEnergy” or the "Company”) (TSXV: OEG) is pleased to announce that its Common Shares will resume trading on the TSX Venture Exchange effective at the open on Wednesday December 20, 2017.

The Company is in the process of evaluating a variety of strategic alternatives following its decision not to proceed with the arrangement agreement with OZZ  Electric Inc. and OZZ Clean Energy Inc. (together “OZZ”), which was announced on November 13, 2017.

ONEnergy remains committed to delivering value to shareholders of the Company. ONEnergy is currently evaluating several alternative opportunities, including opportunities in the energy management space and will continue to update shareholders.  

About ONEnergy Inc.

ONEnergy is an energy management firm serving commercial, industrial, multi-residential and residential clients via its ONEnergy™ and Sunwave™-branded energy and energy-efficiency businesses.  Sunwave specializes in helping customers use energy more wisely by minimizing their energy consumption and then cost-effectively managing the balance.  We provide a variety of products and services including energy-efficient heating, cooling and air-conditioning equipment, standalone and solar PV-integrated energy storage systems, complete turnkey LED lighting retrofits, supply of conventional and "green" electricity for homes and businesses, commercial solar PV installations, building envelope upgrades, energy audits and more to help our customers conserve, simplify and effectively manage their energy costs.

ONEnergy serves customers in both Canada and the United States, with offices in Toronto and Stamford, CT.  ONEnergy common shares are listed on the TSX Venture Exchange under the symbol "OEG".

ONEnergy's corporate website may be found at www.onenergyinc.com and you can learn more about Sunwave’s offerings at www.gosunwave.com.  Follow us on Twitter at @gosunwave and @onenergyinc or Facebook at www.facebook.com/gosunwave.

 

For further information:

 

Stephen J.J. Letwin                 Ray de Ocampo                 Beverly Brooks       

Chairman                         Chief Financial Officer                 Brooks Communications Inc.

ONEnergy Inc.                        ONEnergy Inc.                         brooks.communications@rogers.com

irinfo@onenergyinc.com                irinfo@onenergyinc.com         +1 (416) 546-2336

                                +1 (647) 253-2534

                                       

The corporate information contained in this release includes forward-looking statements regarding future events and the future performance of ONEnergy and its subsidiaries that involve risks and uncertainties that could cause actual results to differ materially. Assumptions used in the preparation of such information, although considered reasonable by ONEnergy at the time of preparation, may prove to be incorrect. The actual results achieved may vary from the information provided herein and the variations may be material. Consequently, there is no representation by ONEnergy that actual results achieved will be the same, in whole or in part, as those forecast.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.