NextMart, Inc. announced that it has named Oscar Maldonado as the President 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. In passing, the Company has parted ways with Mark McKenzie, the head of the business operations, as well as working to unravel the acquisition of Defender Contracting, LLC, which should be completed within the next two business weeks.  In the place of Mr. McKenzie, the Company has named Mr. Maldonado as new head of business operations and have started the process of consolidating all the Company's oil field service address at the new operational location in Carlsbad for Two Brothers Service.