Hunter Technology Announces Completion of Business Review and Private Placement


Zug, Switzerland, Hong Kong, China and Vancouver, British Columbia–(Newsfile Corp. – November 16, 2021) – Hunter Expertise Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) (ISIN: CA4457371090) (“Hunter” or the “Firm“) is happy to announce the completion of its enterprise overview, in addition to the preliminary progress of its commercialisation efforts and non-brokered personal placement.

Beneath the management of Interim CEO Alain Fernandez, Hunter efficiently accomplished a overview of its technique throughout all main enterprise dimensions. The overview was performed to find out how finest to leverage the Firm’s current IP and market-ready software program options to reposition it for progress.

The Firm has recognized and is working with each distribution and industrial companions to assist the commercialization of Hunter Market Options (“HMS“), a product suite designed for the speedy customisation and launch of digital marketplaces. “Partnerships with trade subject material consultants are a key pillar to the brand new HMS distribution technique and we shall be trying to enter into numerous strategic partnerships going ahead,” mentioned Mr. Fernandez.

This new distribution technique now has the Firm actively working with a associate to deliver HMS to unserved markets in Africa, with an preliminary concentrate on the hydrocarbon sector. This challenge will function a blueprint for additional partnerships to focus on native networks on a worldwide scale. Moreover, Hunter is actively exploring alternatives for shut collaboration with trade companions with the intention of increasing the HMS providing and options by the inclusion of third-party blockchain based mostly modules.

To assist the implementation of the brand new industrial technique and to scale distribution efforts, the Firm is happy to announce that it is going to be conducting a non-brokered personal placement of widespread shares within the capital of the Firm (“Frequent Shares“) at a value of $0.22 per share for combination gross proceeds of as much as $700,000 (the “Providing“).

All Frequent Shares issued in reference to the Providing shall be topic to a statutory maintain interval of 4 months plus a day from the date of issuance in accordance with relevant securities laws.

This information launch doesn’t represent a suggestion to promote or a solicitation of a suggestion to promote any of the securities in the US. The securities haven’t been and won’t be registered below the US Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities legal guidelines and is probably not supplied or bought inside the US or to U.S. Individuals except registered below the U.S. Securities Act and relevant state securities legal guidelines or an exemption from such registration is accessible.

About Hunter Expertise Corp.

Hunter Expertise Corp. is a blockchain market firm that has developed proprietary applied sciences that digitalise and streamline transaction lifecycles for underserved and inefficient markets. With its Hunter Market Options (“HMS”) product, the Firm helps the creation of customised marketplaces and enhanced information analytics capabilities that ship extra beneficial economics and truthful market entry for all, in addition to supporting quite a few ESG alternatives all through transactional ecosystems. The primary such HMS-powered resolution is OilEx, which can join unbiased oil producers, consumers, and merchants in a trusted digital market to optimize costs, simplify processes, enhance transparency, and assist a lowered carbon footprint.

ON BEHALF OF THE BOARD OF DIRECTORS
Alain Fernandez
Interim Chief Government Officer
(778) 655-9202

Neither the TSX Enterprise Alternate Inc. (“Alternate”) nor its regulation providers supplier (as that time period is outlined within the insurance policies of the Alternate) accepts duty for the adequacy or accuracy of this press launch.

Ahead-Wanting Statements

This press launch incorporates forward-looking data and forward-looking statements (collectively, “forward-looking statements”) as such phrases are outlined by relevant securities legal guidelines. Ahead-looking statements are statements that relate to future, not previous, occasions, together with the Providing and the commercialisation and distribution of the HMS. On this context, forward-looking statements usually handle anticipated future enterprise and monetary efficiency, and infrequently include phrases comparable to “anticipate,” “imagine,” “plan,” “estimate,” “anticipate,” and “intend,” statements that an motion or occasion “might,” “would possibly,” “may,” “ought to,” or “will” be taken or happen, or different related expressions. Ahead-looking statements are topic to numerous identified and unknown dangers and uncertainties, lots of which contain components or circumstances which are past Hunter’s management and Hunter’s precise outcomes may nicely differ materially from these acknowledged or implied in forward-looking statements because of many alternative components. Though the Firm believes that the expectations mirrored within the forward-looking statements are cheap, the Firm can not assure that the occasions and circumstances mirrored within the forward-looking statements shall be achieved or happen. The timing of occasions and circumstances and precise outcomes may differ materially from these projected within the forward-looking statements. Accordingly, one mustn’t place undue reliance on forward-looking statements. All forward-looking statements contained on this press launch are made as of in the present day’s date and Hunter undertakes no obligation to replace or publicly revise any forward-looking statements, whether or not because of new data, future occasions or in any other case.

NOT FOR DISSEMINATION IN THE U.S. NOR FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/103761



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