SOURCE: Uranium Hunter Corporation

June 02, 2016 09:00 ET

URHN Announces New Management and Direction With LOI, Name Change and Reverse Stock Split

Newly Appointed Officers and Directors Provide Shift and New Direction for Company With Support of URHN Majority Shareholders

TROY, MI--(Marketwired - Jun 2, 2016) - Uranium Hunter Corporation ("The Company" or "URHN") (OTC PINK: URHN) announced today appointments to the Board of Directors: Li-Chung Chang as Chief Executive Officer and Director; Parashar Patel as President, Treasurer and Director, and Ting Luo as Secretary and Director.

CEO and Director Li-Chung Chang is a graduate of Taiwan Aerospace Technology College with a Major in Mechanical Engineering. Mr. Chang held the position as Sales Manager for Taiwan Real Estate and Construction Company, and was recruited in 2000 as Chief of Operations for Apollo Biotech, an organic fertilizer manufacturer in Jiang Su Province, China. Most recently, Mr. Chang was hired as Chief of Sales by Resgreen Group, a licensed direct marketing company in China.

President, Treasurer and Director Parashar Patel has been involved in the software industry for the past ten years. Employed with TR Diagnostics as an Engineering Supervisor in charge of AGC project management and AGV+AGC software development teams, Mr. Patel was also a key member of the senior technical staff and Project Manager of the Innovations Group at Android Industries and a Web Analyst to the DashboardAnywhere (DA) support team for Spherion.

Secretary and Director Ting Luo graduated from Xiang Tan University in Hunan, China with a Bachelor's Degree in Literature and was employed by Resgreen Bio Engineering Group as the Assistant to the President, responsible for daily administration, inter-department communications and public relations. In 2015, she was promoted to Executive Director of the company, in charge of strategic planning and was instrumental during the launch of internet marketing through Wechat, the largest online chatting platform in China, and for developing Sky Mall for Resgreen Group.

The Company also announced today its intent to acquire Resgreen Sky Mall Co., Ltd., an e-commerce portal and business center, internet provider and software developer with merchandise logistics and distribution through its domain: www.tc8838.com

The Company has entered into a Letter of Intent to execute a Stock Purchase Agreement on or before July 15, 2016 for the acquisition of Resgreen Sky Mall Co., Ltd, a limited liability company registered in Hunan, China. The Company further announced its proposed name change to Resgreen Group International Limited to reflect its current business and acquisition strategy.

The Board of Directors and Majority Shareholders further announced today their collective approval and plan to execute a 1 for 10000 reverse stock split of the Company's issued and outstanding common stock (rounding up any fractional numbers) effective Tuesday June 28, 2016 or soon thereafter upon approval by FINRA.

Safe Harbor

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Uranium Hunter Corporation with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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