Hunter Technology : Appoints Interim CEO

VANCOUVER, British Columbia - October 18, 2021 - Hunter Technology Corp. (TSX-V: 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 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.

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. 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, including factors beyond Hunter's control, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", "will" or be "on track to" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements (including execution risk, market risk, industry risk, market reaction, the impact of general economic conditions and competition from other industry participants, as well as stock market volatility). In this news release, forward-looking statements relate to, among other things, Hunter's business development plans as well as Hunter's future performance as it develops its business. Although Hunter believes that the expectations in its forward-looking statements are reasonable, they are based on factors, estimates 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 statement. Such factors include, but are not limited to: risks relating to delays, development and marketing risks, unforeseen requirements resulting from the COVID-19 pandemic, commodity prices, inability to access, on favorable terms, sufficient capital from internal and external sources, the ability to access, hire and retain employees; regulatory changes and impacts, timing and completion of the Company's online platforms as well as general business, economic, competitive, political and social uncertainties. 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.