August 22, 2017 11:00 AM ET


Company Overview of 2315257 Ontario Inc.

Company Overview

2315257 Ontario Inc. is a holding company which through its subsidiary OneUp Games, LLC, develops mobile games and sports platforms. The company was incorporated in 2012 and is headquartered in Toronto, Canada.

77 King Street West

Suite 400

Toronto, ON M5K 0A1


Founded in 2012



Key Executives for 2315257 Ontario Inc.

2315257 Ontario Inc. does not have any Key Executives recorded.

2315257 Ontario Inc. Key Developments

Metallum Resources Inc. and 2315257 Ontario Inc. Announce the Settlement of Litigation Pertaining to the Terms of an Arrangement Agreement

Metallum Resources Inc. and 2315257 Ontario Inc. (OneUp Canada) announced the settlement of litigation between them pertaining to the terms of an arrangement agreement dated July 27, 2015 and amended October 19, 2015. Under the terms of the settlement, OneUp Canada will pay or issue to Metallum consideration consisting of: Cash in the amount of CAD 570,000, to be paid in two tranches over a period not to exceed eighteen months as OneUp Canada closes current and future offerings of equity and/or debt securities; 1,562,500 class A common shares of OneUp Canada; and 800,000 warrants exercisable for a period of two years into class A common shares of OneUp Canada, at an exercise price of USD 0.25 per share.

Metallum Resources Inc. Files Lawsuit against 2315257 Ontario Inc

Metallum Resources Inc. announced that it has filed a lawsuit in the Ontario Superior Court of Justice against 2315257 Ontario Inc. (‘OneUp’) alleging that OneUp is in breach of the terms of the arrangement agreement dated July 27, 2015 between Metallum and OneUp. Metallum is, among other things, seeking specific performance under the Arrangement Agreement. Metallum has also been named as a defendant in a lawsuit filed by OneUp in the Ontario Superior Court of Justice in which OneUp is seeking to have the court declare that the arrangement agreement has been terminated by the mutual agreement of Metallum and OneUp. Metallum clearly disputes OneUp's position on this matter and Metallum will vigorously defend this lawsuit.

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