Hunter Technology Corp. (TSX.V: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) is reporting on the successful integration of teams and technology capabilities following its Dec 31, 2020, acquisition of FinFabrik. According to the update, Hunter’s technology and product team is focusing on the prior development work of the OilEx marketplace platform; that team is being led by four expert developers that bring more than six decades of experience in the development, marketing, integration and launching of platforms; the team has a special expertise in blockchain. Team leaders include head of technology Edward Ngai; digital products division manager Ilya Belikin; lead developer George Stoica; and infrastructure manager Jason Fuller. In Q2 2021, Hunter anticipates the delivery of a pilot application to process live transactions with a select group of producers and buyers. This pilot release is focused on gathering and processing real-time and real-world inputs in preparation for the planned Q3 release of a fully audited, security-tested product designed for scale. “Our mission is to connect independent oil producers, buyers and traders in a secure and trusted digital marketplace and unlocking value by optimizing pricing and simplifying processes,” said Hunter CEO Alex Medana in the press release. “I am very pleased that our core foundations are in place from which we have started building solutions that would represent a paradigm shift in the hydrocarbon marketplace.”
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About Hunter Technology Corp.
Hunter Technology is an oil industry service provider developing interactive 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. Also through oilexchange.com, Hunter will offer robust supply chain management tools that track physical oil throughout the supply chain and automate the reporting process. For more information about the company, please visit
www.HunterTechnology.com.
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