Zug, Switzerland, Hong Kong, China and Vancouver, British Columbia–(Newsfile Corp. – November 16, 2021) – Hunter Technological innovation Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) (ISIN: CA4457371090) (“Hunter” or the “Firm“) is happy to announce the completion of its small business evaluation, as properly as the preliminary development of its commercialisation attempts and non-brokered non-public placement.
Beneath the leadership of Interim CEO Alain Fernandez, Hunter properly completed a assessment of its approach throughout all important small business dimensions. The evaluate was conducted to ascertain how greatest to leverage the Firm’s current IP and market place-completely ready software solutions to reposition it for progress.
The Business has identified and is operating with both distribution and industrial associates to aid the commercialization of Hunter Market Solutions (“HMS“), a item suite built for the rapid customisation and start of electronic marketplaces. “Partnerships with market issue make a difference authorities are a vital pillar to the new HMS distribution system and we will be seeking to enter into a quantity of strategic partnerships heading forward,” claimed Mr. Fernandez.
This new distribution approach now has the Firm actively doing work with a husband or wife to convey HMS to unserved markets in Africa, with an original emphasis on the hydrocarbon sector. This challenge will provide as a blueprint for more partnerships to concentrate on nearby networks on a world wide scale. Additionally, Hunter is actively discovering possibilities for near collaboration with industry partners with the intention of growing the HMS featuring and features via the inclusion of 3rd-party blockchain based mostly modules.
To assistance the implementation of the new professional technique and to scale distribution initiatives, the Business is happy to announce that it will be conducting a non-brokered non-public placement of widespread shares in the capital of the Corporation (“Widespread Shares“) at a value of $.22 for every share for combination gross proceeds of up to $700,000 (the “Presenting“).
All Prevalent Shares issued in connection with the Giving will be subject to a statutory hold period of time of 4 months plus a working day from the date of issuance in accordance with applicable securities laws.
This information launch does not constitute an offer to promote or a solicitation of an offer to provide any of the securities in the United States. The securities have not been and will not be registered less than the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any point out securities guidelines and may possibly not be made available or sold inside of the United States or to U.S. Individuals except registered underneath the U.S. Securities Act and relevant state securities guidelines or an exemption from such registration is offered.
About Hunter Technological innovation Corp.
Hunter Technological know-how Corp. is a blockchain market firm that has developed proprietary systems that digitalise and streamline transaction lifecycles for underserved and inefficient markets. With its Hunter Marketplace Options (“HMS”) merchandise, the Enterprise supports the generation of customised marketplaces and enhanced knowledge analytics capabilities that provide far more favourable economics and fair market access for all, as properly as supporting many ESG prospects in the course of transactional ecosystems. The first this sort of HMS-run resolution is OilEx, which will connect independent oil producers, consumers, and traders in a trusted electronic market to improve costs, simplify processes, improve transparency, and help a diminished carbon footprint.
ON BEHALF OF THE BOARD OF Directors
Interim Chief Executive Officer
Neither the TSX Venture Trade Inc. (“Exchange”) nor its regulation services company (as that time period is outlined in the policies of the Trade) accepts obligation for the adequacy or accuracy of this press release.
This press release contains ahead-hunting details and ahead-seeking statements (collectively, “forward-searching statements”) as this kind of conditions are defined by applicable securities legislation. Forward-on the lookout statements are statements that relate to potential, not earlier, functions, which includes the Presenting and the commercialisation and distribution of the HMS. In this context, ahead-wanting statements usually handle predicted upcoming enterprise and fiscal performance, and usually consist of text these as “foresee,” “consider,” “prepare,” “estimate,” “anticipate,” and “intend,” statements that an action or celebration “may,” “could possibly,” “could,” “really should,” or “will” be taken or take place, or other similar expressions. Forward-looking statements are subject matter to a number of acknowledged and not known risks and uncertainties, several of which entail aspects or situations that are outside of Hunter’s command and Hunter’s precise outcomes could perfectly differ materially from people said or implied in forward-hunting statements because of to many numerous variables. Whilst the Organization thinks that the expectations reflected in the ahead-wanting statements are fair, the Corporation can’t assurance that the events and instances reflected in the ahead-on the lookout statements will be obtained or occur. The timing of functions and conditions and actual benefits could vary materially from all those projected in the ahead-seeking statements. Accordingly, a single should not place undue reliance on forward-searching statements. All forward-hunting statements contained in this push release are made as of today’s date and Hunter undertakes no obligation to update or publicly revise any ahead-on the lookout statements, whether or not as a end result of new data, long term occasions or if not.
NOT FOR DISSEMINATION IN THE U.S. NOR FOR DISTRIBUTION TO U.S. Information WIRE Solutions AND DOES NOT Constitute AN Offer you OF THE SECURITIES Described HEREIN
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