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Fireswirl Technologies Inc.

11:43 AM EST - Fireswirl Technologies Inc. : announced that it has, together with certain subsidiaries, entered into an asset purchase agreement with Fung Holdings (1937) Limited, for the sale of Fireswirl's business comprising the Shenzhen e-commerce platform, which provides solutions catering to the Omni Channel requirements of customers, together with the fixed assets, goodwill, intellectual property and contracts comprised in the business including two contracts Fireswirl is currently negotiating in relation to the Target Business. Fireswirl Technologies Inc. shares V.FSW are trading up $0.05 at $0.20.