Hunter Technology Provides Bi-weekly Default Status Report

VANCOUVER, British Columbia, May possibly 17, 2022 (World NEWSWIRE) — Hunter Technology Corp. (TSX- V: HOC OTCQB: HOILF WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Business”) is offering this status update in accordance with its obligations less than Countrywide Plan 12-203 – Management Stop Trade Orders (“NP 12-203“), which have to have the Company to deliver bi-weekly updates until these time as the Company is latest with its submitting obligations under Canadian securities legal guidelines.

As formerly announced, the Organization is subject matter to a management cease trade buy (“MCTO“) issued by the British Columbia Securities Commission dated May 3, 2022. The MCTO prohibits the directors and govt officers of the Firm from buying and selling in or buying securities of the Corporation right until two entire business days right after the Firm documents its audited money statements for the year ended December 31, 2021 and the similar management’s discussion and assessment and certifications. The MCTO does not have an affect on the skill of traders who are not insiders to trade in the securities of the Corporation.

The Business advises that aside from the British Columbia Securities Fee granting the MCTO: (i) there have been no material improvements to the facts contained in the Company’s May well 4, 2022 information launch (ii) it intends to continue on to comply with the substitute information pointers of NP 12-203 (iii) apart from as beforehand disclosed, there are no subsequent specified defaults (precise or anticipated) inside of the meaning of NP 12-203 and (iv) there is no other materials information concerning the affairs of the Enterprise that has not been usually disclosed.

About Hunter Engineering Corp.

Hunter Technology Corp. is a blockchain market company that has developed proprietary technologies that digitalise and streamline transaction lifecycles for underserved and inefficient markets. With its Hunter Market Methods (“HMS”) products, the Corporation supports the creation of customised marketplaces and improved details analytics capabilities that deliver additional favourable economics and truthful sector obtain for all, as very well as supporting various ESG opportunities through transactional ecosystems. The initial these types of HMS-driven alternative is OilEx, which will hook up unbiased oil producers, prospective buyers, and traders in a trustworthy digital market to optimize costs, simplify procedures, improve transparency, and guidance a decreased carbon footprint.

For inquiries, remember to call:

Dr. Konstantinos Ghertsos
Chief Government Officer
(778) 655-9202

Neither the TSX Enterprise Exchange Inc. (“Exchange”) nor its regulation expert services company (as that expression is outlined in the procedures of the Trade) accepts duty for the adequacy or precision of this press launch.

Ahead-Hunting Statements

This news launch incorporates ahead-searching statements relating to the expected timing of the filing of the essential filings. There can be no assurance that this sort of statements will show to be exact and real success and long term occasions could vary materially from all those anticipated in these types of statements. Significant elements that could trigger precise effects to vary materially from the Corporation’s expectations are pitfalls thorough from time to time in the filings created by the Company with securities regulations. Forward-wanting statements contained in this news launch are expressly experienced by this cautionary statement. The forward-searching statements contained in this news launch are produced as of the day of this information launch and the Company will only update or revise publicly any of the involved forward-on the lookout statements as expressly required by Canadian securities legislation.