Hammer Fiber Optics Holdings Corp. (OTCPK:HMMR) announces a share repurchase program. Under the program, the company has entered into agreements with Arradis Enterprises LLC and Pointwest Group LLC. Under the terms of the agreements the company will repurchase 10,000,000 shares of common stock from Arradis Enterprises LLC and 3,000,000 shares of common stock from Pointwest Group LLC.