CHICAGO, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Mr. Mallmes is recognized as one of Western Canada’s leading entrepreneurs, community advocates, and political change agents.
As an entrepreneur Mr. Mallmes successfully owned, operated and financially backed several profitable and growth oriented corporations in Western Canada. From his origins in the welding, fabrication, and auto parts businesses, under Mr. Mallmes' leadership and direction he has contributed toward major infrastructure expansion in the civil, industrial, and oil & gas sectors in British Columbia and Alberta.
The past 35 years of private sector success has now allowed Mr. Mallmes to enter the public sector as an elected official working with local government. His platform focuses on economic development through fiscally responsible capital projects and community driven initiatives including researching and building district energy systems, establishing advanced technology to improve forest conservation (Community Forest), developing water shed modules, and working with local stakeholders building affordable homes for Canadian Veterans.
Mr. Mallmes will support Quantum Energy’s efforts in growth and development drawing from his entrepreneurial accomplishments, business acumen and investor prowess. His unique skill sets will be a great asset to the success of Quantum, and each operating subsidiary. Quantum will benefit from his proven methodologies for sustainable business growth and profitability. His background in the public sector, and its consensus environment, coupled with experience working with First Nations, will enable Quantum to effectively balance strategic business objectives with corporate social responsibility.
Mr. Kacic is an experienced oil & gas executive and investment banker. Mr. Kacic served as a director of Quantum and as Chief Executive Officer from March 2014 to July 1, 2016. Mr. Kacic will focus his efforts on the completion of the S 1 that the Company filed with the SEC on March 6, 2017. Mr. Kacic also serves as a Principal of Advisory Services Inc. (formerly, A.J. Kacic & Associates Inc) a corporate advisory and consulting firm. He has been the President of Advisory Services Inc. since 1986.
Quantum (OTC Pink:QEGY) is an energy focused company with emphasis in energy projects including land holdings, refinery development, oil and gas exploration, drilling, well completion, and fuel distribution in the U.S. and Canada, through its subsidiary Dominion Energy, as well as commodities trading through its wholly owned subsidiary FTPM Resources, Inc.
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For Company Contact:
Andrew J. Kacic
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