NextMart, Inc. announced that it has named Oscar Maldonado as the new Chief Executive Officer of the Company effective July 1, 2022 (Maldonado). Mr. Maldonado was the former owner and officer of Two Brothers, LLC, a specialized oil field service company (Two Brothers Service), which was acquired as a wholly owned subsidiary by the Company on June 16, 2022, for 30,000,000 shares of Common Stock. William Bouyea announced his resignation effective at the end of the third fiscal quarter, June 30, 2022.

Mr. Maldonado has run Two Brothers Service in the Permian Basin since 2016.  Before that, Mr. Maldonado worked for Occidental USA for over ten years ending with being the Production Coordinator for the State of New Mexico.