Hunter Oil Corp. announced that it is developing a smart trading platform for physical oil transactions under the brand name "Oilex" (trademark registration pending). The Oilex trading platform will facilitate the buying and selling of physical oil by independent producers to corporate consumers, traders and sovereign purchasers, and will be powered by a proprietary blockchain providing a more efficient order book, improved trust and significant cost savings in comparison to legacy transaction channels. The Company will also be undertaking a name change of the Company (the "Name Change"), a forward split on the basis of three new common shares of Hunter (the "Post-Split Common Shares") for each two currently outstanding common shares (the "Split") and a financing (the "Financing"), all of which will result in the Company completing a 'change of business' to become a Tier 2 Technology Issuer (the "Change of Business") under the policies of the TSX Venture Exchange (the "TSXV").