OEG ONEnergy Inc

TORONTO, CANADA (February 6, 2014) - ONEnergy Inc. ("ONEnergy" or the "Corporation") (TSXV: OEG and OEG.A) a growing provider of innovative energy products to residential, industrial and commercial customers in Ontario and the US, today reported that it has granted a total of 150,000 options to non-executive employees. The options to purchase subordinate voting shares in the Corporation vest over a four year period, are exercisable at a price of $0.14 per share, and expire in February 2024. The grant of options represent a component of the employees' compensation and are governed by the provisions of the Company's Stock Option Plan.

About ONEnergy Inc.

ONEnergy, through Sunwave (www.gosunwave.com), is a licensed provider of innovative energy products to residential, industrial and commercial customers. ONEnergy is licensed to provide natural gas and electricity in Ontario and electricity in Connecticut, and has pending electric supplier licensing applications in Pennsylvania, Massachusetts and New York.

ONEnergy shares are listed on the TSX Venture Exchange under the symbols "OEG" for Multiple Voting Shares and "OEG.A" for Subordinate Voting Shares. ONEnergy's website may be found at www.onenergyinc.com.

Mark Lewis

Chief Executive Officer

ONEnergy Inc.

(416) 444-8810

Ali Mahdavi

Capital Markets & Investor Relations

Spinnaker Capital Markets Inc.

(416) 962-3300

ONEnergy (TSXV:OEG)
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