Hunter Thanks Outgoing Director
Hunter Technology Corp.
via InvestorWIre -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“
Hunter” or the “
Company”) announces the resignation of Andrew Hromyk as Director of the Company.
As CEO of Hunter Technology’s predecessor business, Hunter Oil Corp., Mr. Hromyk drove the reorganization of the Company’s Permian oil and gas assets from 2015 through to monetization in 2018, when Hunter disposed of its oil and gas assets for total consideration of approximately $43,000,000 consisting of $28,000,000 in cash and $15,000,000 in assumed liabilities, of which approximately $21,500,000 was paid to shareholders as a capital dividend.