Hunter Technology Appoints Interim CEO

Vancouver, British Columbia--(Newsfile Corp. - October 18, 2021) - Hunter Technology Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) ISIN: CA4457371090) ("Hunter" or the "Company") is accelerating the transition into the Company's commercialisation phase by appointing Alain Fernandez as its interim Chief Executive Officer, with immediate effect. Mr Fernandez is an experienced global business leader who has worked in senior roles across several industries, including financial services and software.

Mr. Fernandez, who joined the Board of Directors last month, brings a wealth of expertise to the role having served in a number of senior leadership capacities over the last 20 years ranging from Deloitte, Russell Investments, to the Abu Dhabi Investment Authority. Mr. Fernandez is an experienced strategist with a deep understanding of, and proven track record in, scaling software firms from technology offering to market commercialisation and strategic exit. Last year, Mr. Fernandez completed the sale of a data analytics software start-up to one of the world's largest privately owned software companies.

"I am delighted to be joining the Hunter team in this role during such an exciting time in its growth. Now that the foundational technologies are in place and proven; the focus will be on monetising these technologies through entering strategic partnerships to deliver use cases in order to accelerate revenue growth," said Mr. Fernandez.

"I am very pleased to welcome Alain in his new role," said Florian M. Spiegl, who will be transitioning to the position of President FinFabrik where he will focus on product and technology. "Alain's track record in bringing technology companies to their next level of growth is ideal as Hunter moves into its next phase of commercialisation. I look forward to continue working closely with Alain building on the partnership we developed as board members."

Hunter is now well positioned to leverage its proprietary technology foundation to become the leading platform for providing greater transparency and simplicity to commodities markets. In doing so, Hunter will use blockchain technology to incorporate value-added services, focus on the delivery of data collection and analytics capabilities, as well as integrate support for environmental, social and governance (ESG) related use cases.

About Hunter Technology Corp.

Hunter Technology Corp. develops interactive software platforms that digitalize and streamline transaction lifecycles for underserved and inefficient markets. With its solutions, Hunter's platform and enhanced data analytics capabilities deliver more favourable economics and fair market access for all, as well as supporting numerous ESG opportunities throughout transactional ecosystems. 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.

ON BEHALF OF THE BOARD OF DIRECTORS
Alain Fernandez
Chief Executive Officer
(778) 655-9202

Neither the TSX Venture Exchange Inc. ("Exchange") nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Statements

This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend," statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond Hunter's control and Hunter's actual results could well differ materially from those stated or implied in forward-looking statements due to many various factors. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today's date and Hunter undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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