Quantum Announces Board Expansion & Agreement and Asset Acquisition Plan

Source: www.gulfoilandgas.com 10/20/2020, Location: North America

Quantum Energy Inc. is pleased to announce that on October 14, 2020 it appointed two new Directors to its Board of Directors. Robert Henry and Timothy Brady were nominated and appointed.

The Company is also proud to announce that it has executed an Agreement with MP Special Purpose Corporation, ("MP") of Scottsdale, Arizona, and with that Agreement an Asset Acquisition Plan, to accept additional cash investment, debt, technology licenses and real estate holdings, in relation to rare earth mineral processing. This Agreement for the Company to engage and actively undertake the production of energy related raw materials from rare earth and related products.

Over the next several months, MP will present several real estate transactions in the $ 4MM to $ 25MM price range specifically permitted for the processing of delivered rare earth elements, as well as cobalt and iron processed materials. In addition, technology licenses specifically for the processing of these raw materials for energy related materials and products. Quantum will also have access to investment capital and debt under the Agreement.

With this new Agreement and Acquisition Plan, the Company will expand its energy holdings and activities to include rare earth processing and energy related raw materials, in addition to expanding its refining business into rare earth elements and related materials.


Australia >>  5/19/2022 - The Board of Directors of Beach Energy Limited is pleased to announce the appointment of Mr Morné Engelbrecht as Chief Executive Officer, effective im...
Nigeria >>  5/19/2022 - Seplat Energy PLC, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges, is pleased to announce that Mr. ...

Finland >>  5/18/2022 - At its annual gala, the Finnish Foundation for Share Promotion (Pörssisäätiö), a foundation promoting securities investment and the securities market,...
Scotland >>  5/18/2022 - Research reveals urgent capital investment is essential to position region as a long-term global leader in offshore energy. A new review on the future...

United States >>  5/16/2022 - Weatherford International plc (WFRD) ("Weatherford") announced that H. Keith Jennings, Executive Vice President and Chief Financial Officer, will leav...
Australia >>  5/13/2022 - Australian Petroleum Production & Exploration Association (APPEA) Chair Ian Davies has today announced the appointment of Samantha McCulloch as APPEA ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.