It's been awhile but Petro Sun just posted a new press release. While it doesn't tell us that they are producing just yet, it appears that hopefully there is a new focus there and I hope there's good news to com. I'm happy to see it. Below is the release in its entirety.
PHOENIX, ARIZONA / Disclosure and News Service / October 17, 2023 / PetroSun, Inc (OTC PINK:
PSUD) (the “Company”) announced today a Statement of Corporate Focus. The purpose of the
statement is to clarify the corporation’s operation in the Energy and Mining Industries, and to
reinforce the continuity and interrelationship of all business segments which are the result of
our patented and proprietary Separation and Process Technologies, and to provide shareholders
and the investment community with a better understanding of the corporate goals and efforts.
In the earlier stages of the business our numerous interests in other entities, some of which
appeared unrelated, provided proprietary knowledge that added to our knowledge base and
long-term viability.
As we move our proven technologies to commercialization, we felt it important to
communicate the clarity of our business objectives. Our research and development efforts
continue to be one of our highest priorities. The momentum and integration of our
technologies increase our potential future production capacities and efficiencies.
By using our technology portfolio, for natural resource recovery and services in a wide variety
of commodity markets, we will enhance our potential for long-term revenue growth and
stability. Additionally, the significant potential incremental revenue increases by being vertically
integrated creates the potential for maximum profitability in all business segments.
From Gordon LeBlanc Jr, Executive Chairman, CEO, and President of PetroSun, Inc.
“PetroSun’s ability to adapt our Separation and Process Technologies to a wide range of natural
resource needs in the market has provided us with significant opportunities for the future. We
are committed to improving shareholder value and providing critical commodities and services
to the market. This statement makes clear our focus, expertise, and the integration of our
efforts.”
About PetroSun
PetroSun, Inc. is a fully integrated energy and mining business focusing on Lithium,
Helium, Natural Gas, Oil, Potash, Zeolite Clays, Water Processing, Mine Tailings, Rare Gases, and
Rare Earth Metals Processing through the use of cutting-edge technologies, a broad
portfolio of assets and leases, and a management team with decades of research,
development, and production experience. PetroSun is vertically integrated with control
of all aspects of the business from exploration and production to delivery to end users,
providing customers direct customized solutions and shareholders maximum returns by
participating in profitability at each stage in the supply chain.
PetroSun, Inc. owns significant leasehold acreage that is prospective for helium
exploration and production in the Holbrook Basin of Arizona and for natural gas and
helium in the Paradox Basin of Utah. The Company holds mineral leases on
approximately 280,000 gross acres in the Holbrook Basin and Pedregosa Basin of
Arizona and over 26,000 gross acres in the Paradox Basin.
PetroSun’s greatest assets are its shareholders, partners, advisors, employees, and its patented
and proprietary technologies. We seek to provide global solutions to some of the most
critical challenges the world faces today and into the future.
The Company trades on the OTC Pink Sheets under the symbol “PSUD”.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as
amended. In some cases, you can identify forward-looking statements by the following words:
“anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “ongoing”,
“plan”, “potential”, “predict”, “project”, “should”, “will”, “would”, or the negative of these terms
or other comparable terminology, although not all forward-looking statements contain these
words. Forward-looking statements are not a guarantee of future performance or results and
will not necessarily be accurate indications of the times at, or by, which such performance or
results will be achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty and other
factors that may cause our results, levels of activity, performance or achievements to be
materially different from the information expressed or implied by the forward-looking
statements in this press release. This press release should be considered in light of all filings of
the Company that are disclosed on the OTC Market.com website. Contact: PetroSun, Inc. 2999
North 44th Street, Suite 620 Phoenix, Arizona 85018 480-425-4290 Website: www.petrosun.us
