Company News
MARCH 2, 2021
HUNTER TECHNOLOGY MARKET TESTING PILOT APRIL LAUNCH
VANCOUVER, British Columbia – March 2nd, 2021 – Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to announce the scheduled private release of its OilEx platform as a minimum viable product ("MVP") in April 2021.
Ahead of the execution of live pilot transactions for selected hydrocarbon producers and purchasers at the end of Q2 2021, the Company is taking advantage of its robust solution development progress and plans to deliver a platform MVP for market testing in early Q2. This MVP delivery will be targeted to independent producers and purchasers in North America.
The MVP is designed to provide early users a view of the OilEx digital marketplace consolidating the trading supply and demand and enabling transactions with three functional areas
FEBRUARY 24, 2021
HUNTER TECHNOLOGY CAPITALIZING ON FINFABRIK ASSETS
VANCOUVER, British Columbia –February 24, 2021–Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to provide an update on the integration and development of its FinFabrikcore assets.
On December 31, 2020 Hunter acquired 100% of the issued and outstanding shares of FinFabrikLimitedof Hong Kong for consideration of USD $11,149,182, paid in cash and common shares of Hunter, for the purpose ofutilizing FinFabrik assets to accelerate the development to commercialization of its OilEx and OilExchange platforms. For additional information regarding FinFabrik or the transaction, please see Hunter’s news release dated December 14, 2020 which is available on SEDAR at www.SEDAR.com.
FinFabrik's assets includedthree robust core technology platformsdesigned for institutions and industry professionals
FEBRUARY 22, 2021
HUNTER TECHNOLOGY PROACTIVE RESPONSE TO COVID CHALLENGES
VANCOUVER, British Columbia – February 22, 2021 – Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) announces a shift in operational and business expansion priorities in response to challenges arising from the ongoing COVID19 pandemic and lockdowns reducing the Company's abilities to expand its team in the UK led by Alex Medana, it is pivoting and reacting to centralize its business development and operations in Hong Kong and canceling its UK office roll-out plan. This reorganization of the Company's resources will reposition leadership whereby Dr. Florian M. Spiegl, the Company's Chief Operating Officer and co-founder of FinFabrik Limited has assumed the role of Chief Executive Officer. Dr. Spiegl and the FinFabrik development team are based in Hong Kong.
"The move to concentrate our development team in Hong Kong acknowledges the difficulties of operating in the UK," said Dr. Spiegl, "COVID19 has presented many global challenges and I believe that Hong Kong offers the best opportunities for business development going forward and to leverage our experienced team of software engineers and product specialists in a more focused setup".
Alex Medana, the Company's former Chief Executive Officer and the other co-founder of FinFabrik, has stepped down from his management role for personal reasons. Mr. Medana said: "I wish the team at Hunter the best going forward and fully expect them to capitalize on the great opportunities in this market". The Company extends to Mr. Medana its best wishes as Mr. Medana and his family work through the COVID19 challenges in the UK.