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$HOILF Vancouver, British Columbia--(Newsfile Corp

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Post# of 85448
(Total Views: 162)
Posted On: 12/30/2020 10:30:11 AM
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Posted By: budfoxfun
$HOILF Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) - Hunter Technology Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) (ISIN: CA4457371090) ("Hunter" or the "Company" is pleased to announce that it has entered into a definitive purchase agreement (the "Purchase Agreement" with FinFabrik Limited ("FinFabrik", and the holders of a majority of FinFabrik's outstanding share capital, that outlines the terms and conditions pursuant to which Hunter will acquire FinFabrik (the "Transaction".

Subject to TSX Venture Exchange approval and other customary conditions for transactions of this nature which are set out in the Purchase Agreement, Hunter will acquire all of the issued and outstanding shares of FinFabrik for aggregate consideration of US$12 million payable through the issuance of 13,333,333 common shares in the capital of Hunter at a deemed share price of US$0.90 per share (the "Consideration Shares".


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