OneSoft Updates Prior News Releases

Insiders Dispose of Shares and Exercise Warrants to Generate $1.81 Million of Funding for the Company

EDMONTON, ALBERTA--(Marketwired - March 13, 2017) - OneSoft Solutions Inc. (the "Company" or "Corporation" or "OneSoft") (TSX VENTURE:OSS) - Further to the news release issued on March 6, 2017 regarding the disposition of 15,375,107 common shares of the Corporation ("Common Shares") by certain insiders, the Company announces that an aggregate of 15,398,107 share purchase warrants ("Warrants") of the Company have been exercised, which will contribute proceeds of approximately $1.81 million to the treasury of the Company. These Warrants were originally issued as part of private placement financings that closed on March 27, 2015, February 25, 2016 and March 31, 2016, and were due to expire between February 25, 2018 and March 31, 2018.

The disposition of Common Shares by insiders and subsequent exercise of Warrants (the "Financing Transaction") serves to fund the Company's working capital requirements to further execute its business plans. The Company had previously announced a private placement financing on January 13, 2017 which has since been cancelled. The Board and Management believe that this Financing Transaction is highly advantageous for all current shareholders as well as for any new shareholders of the Company, as the private placement financing that would have generated the equivalent proceeds for the Company would have created additional dilution of approximately 20%. This additional dilution does not occur in the Financing Transaction as the Warrants had been previously issued, but unexercised.

As additional information, the following chart summarizes the holdings of the participants in the Financing Transaction, prior to and following completion of the disposition of shares and exercise of associated Warrants.

	Share Structure Prior to Financing Transaction			Share Structure Post Sale and Exercise of Warrants
	number of shares	% of shares I & O		number of shares	% of shares I & O
Ownership by Participants of Financing Transaction	37,653,449	55.7	%	37,876,449	45.6	%
Ownership by Remaining Shareholders	29,927,699	44.3	%	45,102,806	54.4	%
Total Shares	67,581,148	100.0	%	82,979,255	100.0	%

About OneSoft Solutions Inc.