Hunter Comments on New Marketing Exercise Pursuant to OTC Marketplaces Requests
Vancouver, British Columbia–(Newsfile Corp. – March 30, 2021) – Hunter Know-how Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) (ISIN: CA4457371090) (“Hunter” or the “Business“) has acquired a ask for by the OTC Markets Team to comment on the latest promotional action related to Hunter’s typical shares traded on the OTC Marketplaces.
On March 26, 2021, the Company grew to become knowledgeable that Stellar Media Team LLC generated and disseminated a corporate profile released without the need of the expertise or consent of the corporation as a result of Conquer Penny Shares and PENNYPICKS models as per the disclaimer in their company profile. The Firm was not knowledgeable of these marketing products prior to getting copies from OTC Markets. The Company has not employed possibly Stellar Media Group, and neither the Company nor its officers were included, immediately or indirectly, in the development, distribution, dissemination or payment for the marketing resources, together with through any third-bash services service provider.
The promotional supplies show up to provide an overview of the Firm’s company and also seem to make a number of speculative claims concerning the Firm’s prospects. The marketing components are dependent on info made obtainable by the Corporation, such as the Company’s information releases and investor presentations. The Company does not imagine that the promotional products have experienced an result on the investing action in the Company’s popular shares. The Corporation had no editorial command about the material or the promotional components. The Enterprise has reviewed the marketing resources and whilst it does take into consideration the elements to be speculative it does not think about the statements produced in the marketing resources to be materially fake or misleading.
On inquiry of Company administration, none of the Firm’s officers, administrators or better than 10% shareholders, or any 3rd-party service companies, have (i) straight or indirectly been associated in the development of, distribution of, or payment for marketing products connected to the Company or its prevalent shares or (ii) marketed or procured any of the Firm’s securities in the earlier 90 times (with the exception of an incentive inventory possibility grant made to senior officers of the Enterprise disclosed by the Enterprise in a information launch dated November 22, 2020, and which incentive stock choices will not vest until eventually, at the earliest, June 22, 2022. The strike price tag of the possibilities granted was not at a price cut to sector).
Above the final calendar year, the Company has engaged two third-party providers for trader relations, community relations, advertising and marketing, advertising and other linked things to do: Hybrid Economical Ltd. (see Company News Release dated November 13, 2020) and Star Finance GMBH (See Enterprise News Launch dated December 9, 2020)
Throughout the previous two several years the Organization has not issued any widespread shares or devices convertible into typical shares or other equity securities at a price constituting a low cost to the current market charge at the time of issuance other than as follows: on November 2, 2020 the Company issued 13,333,333 frequent shares in a non-public placement transaction at a price tag of USD $.1125 for each prevalent share, subject matter to a resale restriction expiring March 3, 2021. The current market fee on OTC Marketplaces at the time of issuance was USD $.20 for each typical share. The share selling price constituted a lower price of 44% to the closing value of the Company’s typical shares on the day of issuance, and a 25% price reduction to the closing cost of the Company’ prevalent shares on the date of announcement of pricing of the personal placement. The issuance was built in compliance with the pricing procedures of the TSX Venture Exchange. Prior to this two-calendar year time period, from incorporation on February 22, 1980 there have been several cases the place the Business issued fairness securities at charges which constituted a discount to the industry fee at the time of the issuance. All these types of issuances were being in compliance with the pricing guidelines of the TSX Undertaking Exchange.
About Hunter Technological innovation Corp.
Hunter Know-how Corp. develops interactive program platforms run by blockchain technological innovation that digitalize and streamline bodily oil investing throughout the transaction lifecycle. With its options, Hunter delivers additional favorable economics and good marketplace obtain for all and promotes the transition to a additional environmentally and ethically liable ecosystem. Its flagship item OilEx will hook up impartial oil producers, purchasers, and traders in a dependable digital marketplace to enhance selling prices, simplify procedures, increase transparency, and assist a minimized carbon footprint. By way of its data analytics capabilities, Hunter will offer true time source chain management instruments 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 Administrators
Florian M Spiegl
Chief Govt Officer
(888) 977-0970
For even more information and facts, stop by our website at www.huntertechnology.com
NEITHER TSX Undertaking Trade NOR ITS REGULATION Expert services Provider (AS THAT Term IS Defined IN Procedures OF THE TSX Enterprise Exchange) ACCEPTS Responsibility FOR THE ADEQUACY OR Accuracy OF THIS Launch.
Cautionary Assertion Regarding Ahead-Searching Details.
This news launch includes selected statements which may possibly constitute ahead-on the lookout statements or details (collectively, “ahead-searching statements”) about Hunter’s company development designs. Ahead-searching statements are statements that relate to upcoming, not earlier, gatherings. In this context, ahead-on the lookout statements frequently handle expected long run company and financial overall performance, such as factors beyond Hunter’s regulate, and typically consist of phrases these kinds of as “foresee”, “believe”, “strategy”, “estimate”, “anticipate”, and “intend”, statements that an motion or function “may”, “may possibly”, “could”, “should”, “will” or be “on keep track of to” be taken or take place, or other equivalent expressions. All statements, other than statements of historic simple fact, involved herein are forward-looking statements. By their mother nature, ahead-on the lookout statements involve regarded and mysterious threats, uncertainties and other factors which may trigger the precise outcomes, efficiency or achievements, or other upcoming events, to be materially different from any long run outcomes, overall performance or achievements expressed or implied by these ahead searching statements (such as execution danger, marketplace risk, sector threat, sector reaction, the influence of typical financial conditions and levels of competition from other field contributors, as properly as inventory market volatility). In this information release, forward-searching statements relate to, among other points, Hunter’s business enhancement plans as well as Hunter’s long term effectiveness as it develops its small business. Whilst Hunter believes that the expectations in its forward-searching statements are affordable, they are primarily based on factors, estimates and assumptions concerning long run activities which could establish to be inaccurate. Those variables and assumptions are dependent on at this time out there data. These types of forward-seeking statements are topic to identified and unknown threats, uncertainties and other variables that could impact precise success or occasions and cause true benefits or occasions to differ materially from these said, expected or implied in the forward-searching assertion. These things include, but are not restricted to: challenges relating to delays, development and advertising risks, unexpected needs resulting from the COVID-19 pandemic, commodity price ranges, incapacity to entry, on favorable terms, enough capital from internal and exterior resources, the skill to accessibility, seek the services of and keep workforce regulatory changes and impacts, timing and completion of the Firm’s on-line platforms as effectively as general organization, economic, competitive, political and social uncertainties. As this sort of, visitors are cautioned not to area undue reliance on the ahead-wanting statements, as no assurance can be presented as to future benefits, amounts of action or achievements. The ahead-looking statements contained in this news release are made as of the date of this news release and, other than as required by applicable legislation, Hunter does not undertake any obligation to publicly update or to revise any of the provided ahead-seeking statements, regardless of whether as a result of new info, future activities or if not. The ahead-searching statements contained in this doc are expressly experienced by this cautionary assertion. Buying and selling in the securities of Hunter really should be viewed as hugely speculative. There can be no assurance that Hunter will be ready to reach all or any of its proposed objectives. Be sure to evaluation Hunter’s SEDAR filings like its administration dialogue and examination out there below the Company’s profile at www.sedar.com for a far more fulsome dialogue of threat factors influencing Hunter.
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