Hunter Technology Capitalizing on FinFabrik Assets
Retrieved on:
Wednesday, February 24, 2021
VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (Hunter or the Company) is pleased to provide an update on the integration and development of its FinFabrik core assets.
Key Points:
- VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (Hunter or the Company) is pleased to provide an update on the integration and development of its FinFabrik core assets.
- On December 31, 2020, Hunter acquired 100% of the issued and outstanding shares of FinFabrik Limited of Hong Kong for consideration of USD $11,149,182, paid in cash and common shares of Hunter, for the purpose of utilizing FinFabrik assets to accelerate the development to commercialization of its OilEx and OilExchange platforms.
- FinFabrik's assets included three robust core technology platforms designed for institutions and industry professionals:
CrossPool - a security token platform designed for financial institutions to digitally structure, issue, transact and manage assets. - There can be no assurance that Hunter will be able to achieve all or any of its proposed objectives.