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Hunter Opinions on New Marketing Activity Pursuant to OTC Marketplaces Requests

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The MarketWatch News Department was not concerned in the development of this articles.

Vancouver, British Columbia, Mar 30, 2021 (Newsfile Corp by using COMTEX) —
Vancouver, British Columbia–(Newsfile Corp. – March 30, 2021) – Hunter Technological know-how Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) (ISIN: CA4457371090) (“Hunter” or the “Organization“) has obtained a request by the OTC Markets Group to remark on new promotional exercise connected to Hunter’s typical shares traded on the OTC Markets.

On March 26, 2021, the Corporation grew to become conscious that Stellar Media Group LLC created and disseminated a corporate profile published without the know-how or consent of the business as a result of Beat Penny Stocks and PENNYPICKS manufacturers as for every the disclaimer in their company profile. The Firm was not aware of these promotional supplies prior to obtaining copies from OTC Marketplaces. The Company has not employed possibly Stellar Media Team, and neither the Firm nor its officers have been involved, instantly or indirectly, in the development, distribution, dissemination or payment for the promotional materials, including by way of any third-social gathering service supplier.

The promotional supplies seem to deliver an overview of the Company’s organization and also show up to make various speculative claims regarding the Company’s prospects. The marketing resources are centered on information and facts manufactured offered by the Company, which include the Company’s news releases and trader shows. The Organization does not believe that that the advertising materials have experienced an influence on the trading action in the Company’s prevalent shares. The Company had no editorial handle more than the information or the advertising components. The Business has reviewed the marketing products and while it does look at the elements to be speculative it does not look at the statements created in the promotional products to be materially bogus or misleading.

Upon inquiry of Business management, none of the Company’s officers, directors or bigger than 10% shareholders, or any third-celebration provider suppliers, have (i) right or indirectly been involved in the creation of, distribution of, or payment for marketing materials associated to the Organization or its typical shares or (ii) marketed or purchased any of the Company’s securities in the previous 90 times (with the exception of an incentive stock alternative grant built to senior officers of the Company disclosed by the Business in a information release dated November 22, 2020, and which incentive inventory possibilities will not vest till, at the earliest, June 22, 2022. The strike price tag of the alternatives granted was not at a low cost to industry).

More than the past yr, the Firm has engaged two third-get together providers for trader relations, public relations, promoting, marketing and other related functions: Hybrid Monetary Ltd. (see Firm News Launch dated November 13, 2020) and Star Finance GMBH (See Firm News Release dated December 9, 2020)

In the course of the past two a long time the Business has not issued any prevalent shares or instruments convertible into popular shares or other equity securities at a price constituting a discounted to the market place rate at the time of issuance other than as follows: on November 2, 2020 the Enterprise issued 13,333,333 prevalent shares in a private placement transaction at a selling price of USD $.1125 for each prevalent share, subject to a resale restriction expiring March 3, 2021. The market rate on OTC Marketplaces at the time of issuance was USD $.20 for every typical share. The share price tag constituted a lower price of 44% to the closing value of the Company’s prevalent shares on the day of issuance, and a 25% discount to the closing cost of the Company’ frequent shares on the day of announcement of pricing of the private placement. The issuance was produced in compliance with the pricing guidelines of the TSX Enterprise Exchange. Prior to this two-calendar year period of time, from incorporation on February 22, 1980 there have been many scenarios where by the Business issued fairness securities at price ranges which constituted a low cost to the industry price at the time of the issuance. All these issuances have been in compliance with the pricing policies of the TSX Undertaking Exchange.

About Hunter Technologies Corp.

Hunter Engineering Corp. develops interactive software platforms run by blockchain technology that digitalize and streamline actual physical oil investing throughout the transaction lifecycle. With its remedies, Hunter delivers more favorable economics and fair marketplace entry for all and promotes the transition in the direction of a a lot more environmentally and ethically liable ecosystem. Its flagship item OilEx will connect impartial oil producers, potential buyers, and traders in a reliable digital market to enhance price ranges, simplify procedures, enhance transparency, and assist a lowered carbon footprint. By way of its data analytics abilities, Hunter will present true time source chain administration resources for monitoring the origin, transhipment and processing of hydrocarbons and the environmental, social and governance (ESG) compliance for the duration of their lifestyle cycle.

ON BEHALF OF THE BOARD OF Directors
Florian M Spiegl
Main Government Officer
(888) 977-0970

For further more info, go to our internet site at www.huntertechnology.com

NEITHER TSX Enterprise Exchange NOR ITS REGULATION Products and services Service provider (AS THAT Phrase IS Defined IN Procedures OF THE TSX Undertaking Exchange) ACCEPTS Accountability FOR THE ADEQUACY OR Accuracy OF THIS Launch.

Cautionary Assertion Concerning Forward-Looking Details.

This information release incorporates selected statements which might represent ahead-on the lookout statements or facts (collectively, “ahead-wanting statements”) relating to Hunter’s business improvement ideas. Ahead-seeking statements are statements that relate to future, not past, situations. In this context, ahead-looking statements frequently address expected upcoming organization and economical performance, together with elements beyond Hunter’s manage, and typically have phrases this kind of as “anticipate”, “feel”, “program”, “estimate”, “count on”, and “intend”, statements that an action or event “may perhaps”, “could possibly”, “could”, “ought to”, “will” or be “on keep track of to” be taken or occur, or other similar expressions. All statements, other than statements of historic truth, incorporated herein are ahead-wanting statements. By their mother nature, ahead-looking statements require recognised and not known risks, uncertainties and other elements which may well lead to the actual success, overall performance or achievements, or other upcoming gatherings, to be materially distinct from any future final results, efficiency or achievements expressed or implied by these kinds of forward searching statements (which includes execution hazard, market place hazard, market threat, market place reaction, the affect of typical economic conditions and competitiveness from other marketplace individuals, as well as inventory current market volatility). In this information release, ahead-looking statements relate to, amid other items, Hunter’s organization growth programs as perfectly as Hunter’s future effectiveness as it develops its business enterprise. Despite the fact that Hunter thinks that the expectations in its forward-hunting statements are affordable, they are based mostly on factors, estimates and assumptions regarding long run situations which may well confirm to be inaccurate. People elements and assumptions are based mostly upon at the moment obtainable info. These ahead-wanting statements are subject to recognized and unknown challenges, uncertainties and other factors that could influence genuine results or gatherings and bring about real outcomes or gatherings to differ materially from those stated, anticipated or implied in the forward-searching assertion. These types of things consist of, but are not constrained to: threats relating to delays, enhancement and marketing risks, unforeseen specifications resulting from the COVID-19 pandemic, commodity selling prices, incapability to obtain, on favorable conditions, enough capital from interior and exterior resources, the skill to access, use and keep personnel regulatory modifications and impacts, timing and completion of the Company’s online platforms as very well as basic small business, economic, aggressive, political and social uncertainties. As such, visitors are cautioned not to area undue reliance on the ahead-on the lookout statements, as no assurance can be offered as to long term effects, degrees of exercise or achievements. The forward-looking statements contained in this news launch are designed as of the day of this news release and, apart from as needed by applicable legislation, Hunter does not undertake any obligation to publicly update or to revise any of the integrated forward-hunting statements, irrespective of whether as a outcome of new info, upcoming situations or or else. The forward-seeking statements contained in this doc are expressly qualified by this cautionary assertion. Trading in the securities of Hunter must be viewed as remarkably speculative. There can be no assurance that Hunter will be in a position to attain all or any of its proposed targets. Make sure you evaluate Hunter’s SEDAR filings which include its management dialogue and evaluation available underneath the Company’s profile at www.sedar.com for a a lot more fulsome discussion of risk elements influencing Hunter.

To watch the source variation of this press launch, make sure you visit https://www.newsfilecorp.com/launch/78995

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