Hunter Technology (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM), a leading innovator in digital hydrocarbon marketplace transactions for physical oil, today announced its fiscal results for the year ended December 31, 2020. According to the update, the company concluded a series of reorganizations and transactions in the fourth quarter that resulted in a significant change in operations, increased balance sheet and improved capitalization. “2020 was a year of change and reorientation for Hunter. The company successfully completed several critical transactions as it pivoted from oil exploration and production into the technology sector to facilitate sustainable global production and trading of energy resources,” said Hunter CEO Florian M. Spiegl. “An improved balance sheet and financial metrics provide a solid base for development of our technology platforms and market entry in 2021.”
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About Hunter Technology Corp.
Hunter Technology 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. For more information, visit the company’s website at www.HunterTechnology.com.
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