NEWS RELEASE – HUNTER TECHNOLOGY APPOINTS CEO
25 Enero 2021 - 7:00AM
Hunter Technology Corp. (TSX-V:
HOC; OTCQB:
HOILF; WKN: A2QEYH,
FSE: RWPM, ISIN: CA4457371090) (“
Hunter” or the
“
Company”) is pleased to announce that it has
appointed Mr. Alex Medana as the Company's Chief Executive Officer.
Following on the Company’s successful transition
and financing, the Company is pleased to pass leadership to a new
generation. “The alignment of business models is a
significant accomplishment that fits with Hunter’s visions and
goals to transform the physical oil trading, procurement and
logistics industries,” said Andrew Hromyk, the Company’s former
CEO. Mr. Hromyk will remain in his position on the Company’s
Board of Directors.
Alex Medana is a seasoned executive with
significant experience in capital markets and the technology
industry, and was one of the founders of the Company’s recent
acquisition, FinFabrik Limited. Prior to FinFabrik, he spent
17 years in global tier-1 institutions including Merrill Lynch,
Kleinwort Wasserstein, and Deutsche Bank, with executive positions
in equities and equity derivatives trading business units in Europe
and APAC. Mr. Medana has been an entrepreneur and angel
investor since 2015, advocating technology-driven innovation
towards more user-focused financial services and broader
participation. Mr. Medana is a founding board member of
the FinTech Association of Hong Kong and has been recognized as a
top FinTech and blockchain influencer in Asia.
“I am thrilled to leverage the solid foundation
established by the existing Hunter team in creating the OilEx
platform combined with our existing capabilities,” said Alex
Medana. “Our primary focus now will be to bring the platform
to beta stage and develop our sales and marketing team to enter the
market.”
About Hunter Technology Corp.
Hunter Technology Corp. is an oil industry service provider
developing interactive platforms to enable the facilitation of
physical oil transactions throughout the trade lifecycle, with more
favourable 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. And through oilexchange.com, Hunter will offer robust
supply chain management tools that track physical oil throughout
the supply chain and automate the reporting process.
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. Such forward-looking
statements are subject to numerous risks and uncertainties, some of
which are beyond Hunter's control, including execution risk, market
risk, industry risk, market reaction, the impact of general
economic conditions and competition from other industry
participants, stock market volatility, and the ability to access
sufficient capital from internal and external sources.
Although Hunter believes that the expectations in its
forward-looking statements are reasonable, they are based on
factors 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 statements. 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.
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