ZURICH, SWITZERLAND / ACCESSWIRE / January 30, 2017 / Today, MGX Minerals Inc. (CNSX: XMG) announced the appointment of Marc Bruner to serve as Chairman of the MGX Board and as Head of Lithium & Oil Acquisitions for its newly founded US subsidiary PetroLithium Corp. CEO Jared Lazerson envisioned:
"It is with great pleasure that we welcome Mr. Bruner to the Company and position of Chairman of the Board of MGX as well as Director of Lithium and Oil acquisitions for PetroLithium Corporation of America. Mr. Bruner is one of the original developers of the unconventional oil and gas business and is a rare breed of visionary businessmen able to recognize and advance fundamental paradigm shifts in the energy industry. Among many other assets, in the past 20 years Mr. Bruner built Ultra, Falcon, and Pennaco, an unrivaled achievement in the unconventional energy industry."
Texas billionaire Marc Bruner is one of the most compelling success stories in the history of the oil and gas industry. His last 2 winning ventures, Ultra Petroleum and Pennaco, both skyrocketed from pennies to a combined market value exceeding $10 billion (Ultra peaked at $100/share).
Like Howard Hughes, J. Paul Getty, and all other great entrepreneurial visionaries, Bruner's talent is detecting major untapped opportunities and transforming these into viable, multi-billion-dollar businesses. With its disruptive, patent-pending method of sucessfully extracting lithium from oilfield wastewater, MGX has all the ingredients in place for Bruner to take it to the next level, and beyond. Bruner commented today:
"MGX is the first Company to separate lithium from oil well wastewater. I am excited about bringing my experience in the unconventional oil and gas business into a new industry where creative thinking is required. Being first positions MGX to be the growth leader in this energy industry paradigm shift."
As this technology could be one of the most important developments in the energy sectors, shareholders of MGX are betting on Jared Lazerson and his team becoming the modern day Howard Hughes; this time not only changing the face of the energy industry but bridging the gap between the old and new energy sectors to transform, hand in hand, into the era of electrification. That'd be history in the making.
The full report can be accessed with the following links:
English (PDF): http://rockstone-research.com/images/PDF/MGX16en.pdf
English (web version): http://rockstone-research.com/index.php/en/research-reports/2391-Unconventional-oil-play-legend-Marc-Bruner-to-take-MGX-and-PetroLithium-to-the-next-level
German (PDF): http://rockstone-research.com/images/PDF/MGX16de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research