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Hunter Technology (TSXV:HOC) announces non-brokered private placement

Technology, The Market Online Deal Room
TSXV:HOC
16 November 2021 08:45 (EDT)

Source: Hunter Technology

Hunter Technology (HOC) will be conducting a non-brokered private placement of common shares for aggregate gross proceeds of up to $700,000.

Shares will be priced at $0.22.

All shares issued will be subject to a statutory four-month hold period.

Hunter Technology Corp. is a blockchain marketplace company that has developed proprietary technologies that digitalize and streamline transaction lifecycles for underserved and inefficient markets.

The company has identified and is working with both distribution and commercial partners to support the commercialization of Hunter Marketplace Solutions (HMS), a product suite designed for the rapid customization and launch of digital marketplaces.

HMS-powered marketplaces will support an end-to-end digital transaction workflow, allowing easy and open integration with third-party providers via API or blockchain protocols.

HMS will be distributed via a partner network approach. This will enable partners to provide additional services to their clients as part of the implementation of a new marketplace.

The first HMS-powered solution is OilEx, which connects independent oil producers, buyers, and traders in a trusted digital marketplace to optimize prices, simplify processes, improve transparency, and support a reduced carbon footprint.

Hunter Technology Corp. (HOC) opened trading at C$0.22 per share.

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