Hunter Technology Corp.: Hunter Technology Announces Financi

Hunter Technology Corp.: Hunter Technology Announces Financial Update for Fiscal Year End 2020


Hunter Technology Corp.: Hunter Technology Announces Financial Update for Fiscal Year End 2020
Hunter" or the "
Company") is pleased to announce its fiscal year-end results for the year ended December 31, 2020.
In Q4, the Company concluded a series of reorganizations and transactions that resulted in a significant change in operations, increased balance sheet, and improved capitalization. Significant transactions completed during the year include:
2020 Highlights:
$2,000,000 CAD in a private placement financing;
commencing development of the Company's
OilEx and
12,110,203 common shares at a deemed price $.90 USD per share and;
$250,000 USD cash
increasing total assets of the Company to $11.8 million USD
Hunter CEO Florian M. Spiegl commented: "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. 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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