| Previous close | 4.4600 |
| Open | 4.4650 |
| Bid | 4.4400 x 496400 |
| Ask | 4.2000 x 549000 |
| Day's range | 4.4300 - 4.4900 |
| 52-week range | 4.3500 - 4.9700 |
| Volume | |
| Avg. volume | 2,087,150 |
| Market cap | 8.328B |
| Beta (5Y monthly) | 0.19 |
| PE ratio (TTM) | 21.52 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.25 (5.66%) |
| Ex-dividend date | 16 Sep 2021 |
| 1y target est | N/A |
- GlobeNewswire
HUNTER TECHNOLOGY MARKET TESTING PILOT APRIL LAUNCH
VANCOUVER, British Columbia, March 02, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- 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: A visual representation of market data utilizing interactive maps to support discovery of attractive transaction opportunities. The real-time information visualization functions will be supported by a live deal database with all required details for each individual offer (crude oil type, assay, output capacity, price index, etc.), coupled with search and sorting functions.A secure end-to-end encrypted communication channel between prospective purchasers and sellers supporting transaction negotiations. It combines key transaction data with the flexibility of a conversation. A robust document storage function will transform the current paper trail for transactions into a structured deal document vault. Deal terms and conversations will be aligned side-by-side with executed documents for accurate and timely context. Deployed to be accessible as a live solution in a cloud environment, this product version will be made available to a private group of early users and senior industry advisers. The trial will follow a structured protocol with a series of functionality tests assessing end-to-end performance of realistic physical oil trading scenarios along fully digital processes supported by the OilEx marketplace. Testing will be accompanied by interviews and analyses to determine how effectively the platform interfaces with the user and the intuitive ease of use of features. The testing process is designed to generate critical insights into user needs and industry requirements on a more transaction specific level, building on the Company’s market research and network of industry experience. The testing and subsequent feedback are critical steps to ensure product-market-fit, reduce delivery risk, and deliver the highest possible value add to platform users. "This MVP is a critical step in our product development work. It will allow the detailed validation of the OilEx core product functions to optimize benefits provided to our clients and partners and help realize our core value proposition: connecting independent oil producers, buyers, and traders in a trusted digital marketplace to optimize prices, simplify processes, improve transparency, and support environmental responsibility," said Florian M Spiegl, Hunter’s Chief Executive Officer. “We are excited to go through rigorous testing with independent producers in April before we schedule our next major release.” In addition, the Company is pleased to announce the appointment of Dr. Florian M Spiegl to the Company’s Board of Directors. Andrew Hromyk, Director of the Company, stated: “We are pleased to welcome Dr. Spiegl to the Board. His technical expertise and experience are a great resource to support the Board of Directors and corporate vision through the continued product development and launch cycle.” About Hunter Technology Corp. Hunter Technology Corp. develops interactive software platforms powered by blockchain technology that digitalize and streamline physical oil trading throughout the transaction lifecycle. With its solutions, Hunter delivers more favorable economics and fair market access for all and promotes the transition towards a more environmentally and ethically responsible ecosystem. Its flagship product OilEx will connect independent oil producers, buyers, and traders in a trusted digital marketplace to optimize prices, simplify processes, improve transparency, and support a reduced carbon footprint. Through its data analytics capabilities, Hunter will offer real time supply chain management tools for tracking the origin, transhipment and processing of hydrocarbons and the environmental, social and governance (ESG) compliance during their life cycle. ON BEHALF OF THE BOARD OF DIRECTORS Florian M SpieglChief Executive Officer (888) 977-0970 For further information, visit our website at www.huntertechnology.com. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement Regarding Forward-Looking Information.This news release contains certain statements which may constitute forward-looking statements or information (collectively, "forward-looking statements") regarding Hunter’s business development plans. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, including factors beyond Hunter’s control, and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend," statements that an action or event "may," "might," "could," "should," "will" or be "on track to" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements (including execution risk, market risk, industry risk, market reaction, the impact of general economic conditions and competition from other industry participants, as well as stock market volatility). In this news release, forward-looking statements relate to, among other things, Hunter’s business development plans as well as Hunter’s future performance as it develops its business. Although Hunter believes that the expectations in its forward-looking statements are reasonable, they are based on factors, estimates and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statement. Such factors include, but are not limited to: risks relating to delays, development and marketing risks, unforeseen requirements resulting from the COVID-19 pandemic, commodity prices, inability to access, on favorable terms, sufficient capital from internal and external sources, the ability to access, hire and retain employees; regulatory changes and impacts, timing and completion of the Company's online platforms as well as general business, economic, competitive, political and social uncertainties. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Hunter does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Hunter should be considered highly speculative. There can be no assurance that Hunter will be able to achieve all or any of its proposed objectives. Please review Hunter’s SEDAR filings including its management discussion and analysis available under the Company's profile at www.sedar.com for a more fulsome discussion of risk factors affecting Hunter. Wire Service Contact InvestorWire (IW) Los Angeles, California www.InvestorWire.com 212.418.1217 Office Editor@InvestorWire.com
- GlobeNewswire
HUNTER TECHNOLOGY CAPITALIZING ON FINFABRIK ASSETS
VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- 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 FinFabrik core assets. On December 31, 2020, Hunter acquired 100% of the issued and outstanding shares of FinFabrik Limited of Hong Kong for consideration of USD $11,149,182, paid in cash and common shares of Hunter, for the purpose of utilizing 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 included three robust core technology platforms designed for institutions and industry professionals: CrossPool - a security token platform designed for financial institutions to digitally structure, issue, transact and manage assets. Built on a proprietary DLT infrastructure, CrossPool combines r3 Corda and Hyperledger Indy. Key features for institutions include client onboarding and digital identity management, asset issuance (token creation), publishing and transaction execution.XP Invest - an online trading platform tailored for use by token issuers, XP Invest was designed to allow investors to utilize their bitcoin holdings to access global markets including equities (Nasdaq 100) and commodities (oil, coffee). The platform is intended for sophisticated users, offering advanced front-end trading functionalities with extensive risk management and position hedging capabilities on the back-end. Key features include live price feed and quote of synthetic pairs, price charts, order books, liquidity ladders, order capture, pre-trade checks and position keeping. CryptoFabrik - a cryptocurrency brokerage platform that was tailored for White Label usage by institutions and professionals for cryptocurrency trading. CryptoFabrik was designed to aggregate liquidity across multiple exchanges and ensures best execution of trades by utilizing smart order routing and execution algorithms. Key trading functionality includes comprehensive price charts for technical analysis, balances and buying power management, aggregated order books and deep market liquidity ladders, order pad with predicted algorithmic execution price, smart order routing and execution, order status management and trade history reporting. In addition to developing and deploying Hunter’s OilEx and OilExchange platforms, the Company is continuing its efforts to refine and market the FinFabrik CrossPool, XP Invest and CryptoFabrik products. "In addition to the excitement surrounding the development progress for OilEx and OilExchange, we are actively expanding the growth potential in the current market environment for the platforms historically developed by FinFabrik. These platforms are targeted at financial institutions and professional users," said Florian M. Spiegl, Hunter’s Chief Executive Officer. About Hunter Technology Corp. Hunter Technology Corp. is a technology provider developing interactive blockchain platforms to enable the facilitation and supply chain tracking of physical oil transactions throughout the trade cycle, with more favorable economics for producers, access to a fair market for all and a reduced carbon footprint as producers transition towards a more environmentally and ethically responsible ecosystem. Through oilex.com Hunter will operate a physical oil marketplace to facilitate the buying and selling of physical oil by independent producers to corporate consumers, traders, and sovereign purchasers. Through oilexchange.com, Hunter will offer real time supply chain management tools for tracking the origin, transhipment and processing of hydrocarbons and the environmental, social and governance (ESG) compliance during their life cycle. ON BEHALF OF THE BOARD OF DIRECTORS Florian M SpieglChief Executive Officer (888) 977-0970 For further information, visit our website at www.huntertechnology.com. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement Regarding Forward-Looking Information.This news release contains certain statements which may constitute forward-looking statements or information (collectively, "forward-looking statements") regarding Hunter’s business development plans. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, including factors beyond Hunter’s control, and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend," statements that an action or event "may," "might," "could," "should," "will" or be "on track to" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements (including execution risk, market risk, industry risk, market reaction, the impact of general economic conditions and competition from other industry participants, as well as stock market volatility). In this news release, forward-looking statements relate to, among other things, Hunter’s business development plans as well as Hunter’s future performance as it develops its business. Although Hunter believes that the expectations in its forward-looking statements are reasonable, they are based on factors, estimates and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statement. Such factors include, but are not limited to: risks relating to delays, development and marketing risks, unforeseen requirements resulting from the COVID-19 pandemic, commodity prices, inability to access, on favorable terms, sufficient capital from internal and external sources, the ability to access, hire and retain employees; regulatory changes and impacts, timing and completion of the Company's online platforms as well as general business, economic, competitive, political and social uncertainties. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Hunter does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Hunter should be considered highly speculative. There can be no assurance that Hunter will be able to achieve all or any of its proposed objectives. Please review Hunter’s SEDAR filings including its management discussion and analysis available under the Company's profile at www.sedar.com for a more fulsome discussion of risk factors affecting Hunter. Wire Service Contact InvestorWire (IW) Los Angeles, California www.InvestorWire.com 212.418.1217 Office Editor@InvestorWire.com
- GlobeNewswire
HUNTER TECHNOLOGY MOVES INTO BIG DATA WITH OILEXCHANGE
VANCOUVER, British Columbia, Feb. 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to report that it is on track to launch a pilot service for selected customers, including governments, sovereign wealth funds, environmental agencies, regulators and self-regulatory organizations (“Users”), in Q3 2021. The Company is developing its end-to-end service utilizing a proprietary blockchain-based modular software platform to supply Users with immutable data intelligence on the full lifecycle of the crude oil supply chain from reserve management through wellhead production, storage, transhipment, export and/or domestic consumption. Standardized, unchallengeable records will be held in a fully customisable reporting cloud using blockchain technology, supporting Users to report, monitor, trace and track the full hydrocarbon lifecycle from production source to ultimate destination. The Supply Chain Intelligence service will be provided under the brand “OilExchange” (www.oilexchange.com). It is being designed to furnish its users with a full suite of data via exchange including analytics tools to structure and analyse raw data. Users will be able to monitor and analyse key performance indicators (KPI) and metrics through user-friendly visual dashboards. By tracking the origin, transhipment and processing of the produced goods and the environmental, social and governance (ESG) compliance during the life cycle of hydrocarbons, as well as government royalty or tax payments and customs clearance, Users will have a real-time view of their hydrocarbon supply chain. In addition, the data sharing between Users through a secure and trusted platform will allow all stakeholders to enhance their information management practices. This in turn will allow for a greater utilization of existing reserves and reduce the need to expand drilling footprints, ultimately having a positive effect though a reduced carbon footprint as producers transition towards a more environmentally and ethically responsible ecosystem. By allowing Users to derive insights about the economic and environmental viability and responsibility of Exploration & Production (E&P) companies, OilExchange can incentivise operators to consider developing and reworking economically viable legacy brownfields (as an alternative to greenfield production), capitalizing on the shifting investor appetite towards more socially and environmentally considerate operations. Upon completion of the Pilot service, the Company intends to enter into formal agreements with Users. “Hunter with its technology platform and Integration capabilities will support the hydrocarbons industry in its drive to digitalize its operations, increase trust and transparency between its stakeholders, and meet its regulatory requirements,”said Alex Medana, Hunter’s Chief Executive Officer. About Hunter Technology Corp. Hunter Technology Corp. is a technology provider developing interactive blockchain platforms to enable the facilitation of physical oil transactions throughout the trade lifecycle, with more favorable economics for producers and access to a fair market for all. Through oilex.com Hunter will operate a physical oil marketplace to facilitate the buying and selling of physical oil by independent producers to corporate consumers, traders and sovereign purchasers. Through oilexchange.com, Hunter will offer robust supply chain management tools that track physical oil throughout the supply chain and automate the reporting process via this blockchain enabled platform. ON BEHALF OF THE BOARD OF DIRECTORS Alex MedanaChief Executive Officer (888) 977-0970 For further information, visit our website at www.huntertechnology.com. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement Regarding Forward-Looking Information. This news release contains certain statements which may constitute forward-looking statements or information (collectively, "forward-looking statements") regarding Hunter’s business development plans. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, including factors beyond Hunter’s control, and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend," statements that an action or event "may," "might," "could," "should," "will" or be "on track to" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements (including execution risk, market risk, industry risk, market reaction, the impact of general economic conditions and competition from other industry participants, as well as stock market volatility). In this news release, forward-looking statements relate to, among other things, Hunter’s business development plans as well as Hunter’s future performance as it develops its business. Although Hunter believes that the expectations in its forward-looking statements are reasonable, they are based on factors, estimates and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statement. Such factors include, but are not limited to: risks relating to delays, development and marketing risks, unforeseen requirements resulting from the COVID-19 pandemic, commodity prices, inability to access, on favorable terms, sufficient capital from internal and external sources, the ability to access, hire and retain employees; regulatory changes and impacts, timing and completion of the Company's online platforms as well as general business, economic, competitive, political and social uncertainties. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Hunter does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Hunter should be considered highly speculative. There can be no assurance that Hunter will be able to achieve all or any of its proposed objectives. As at the date hereof, Hunter has not signed any formal contracts to provide the OilExchange service to Users and there is no certainty that Hunter will enter into formal contracts with Users. Please review Hunter’s SEDAR filings including its management discussion and analysis available under the Company's profile at www.sedar.com for a more fulsome discussion of risk factors affecting Hunter. Wire Service Contact InvestorWire (IW) Los Angeles, California www.InvestorWire.com 212.418.1217 Office Editor@InvestorWire.com
