Item 8.01 Other Events

NextMart, Inc. (the "Company" or "NXMR") - NXMR announces that it has finalized and executed the Asset Purchase Agreement (the "Agreement") to acquire all of the assets and book of oilfield business from Defender Contracting, LLC, located in Monahans, Texas ("Defender").





Forward Looking Statement

Certain statements that we make may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. The statements contained herein may contain certain forward-looking statements relating to NXMR that are based on the beliefs of NXMR's management as well as assumptions made by and information currently available to NXMR's management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to the NXMR's business prospects, future developments, trends and conditions in the industry and geographical markets in which NXMR operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management and exchange rates.

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