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.

TSXV:PQE.H - Post by User

Petroteq Energy Inc > Help understanding offer

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Post by chrischapman256on May 31, 2022 10:42am

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Post# 34719958

Help understanding offer

Hello, I have casually followed Petroteq over the years. I have not been following super close to what been happening with this offer though and would like the input of someone who has.

I am a bit confused are they buying the whole company or only from those who want to sell? If there a limit to the number of shares they will buy?

Seems very odd the share price is so far away from the offer price.

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