Petroteq Energy Inc V.PQE.H

Alternate Symbol(s): PQEFF

Energy Oil & Gas E&P

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for, extracting and producing oil and hydrocarbon products from oil sands deposits and sediments located in the Asphalt Ridge area of Uintah County, Utah. The Company specializes in oil production with ancillary offerings in mining and sand remediation. The Company's clean oil recovery technology (CORT) is used at its Asphalt Ridge Plant to extract and produce crude oil from oil sands utilizing a closed-loop solvent-based extraction system.

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Petroteq Energy Inc

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Post by mingzhuon Jan 10, 2022 12:26pm

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Post# 34300197

reply from buyout agent

Thank you for reaching out to Kingsdale Advisors. We have been retained as the depository and information agent for the tender offer.

With regards to your inquiry, there is no additional paperwork to tender your shares. You are correct as the procedure to tender to the offer is by providing instruction to the financial intermediary that the shares are held through. Each financial intermediary may have their own internal cut-off for the offer, so it is best practice, if you plan on tendering, to reach out to them earlier than the offer expiry on February 7^th, 2022.

Thank you again for your email. If you require further assistance, one of our agents is happy to help and we can be reached toll-free at 1-866-581-1024.

Best,

Noah Karlin

Associate, Corporate Access

Kingsdale Advisors