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 > Viston to close deal today / Waives CFIUS requirement????

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Post by deepoil0808on Jun 17, 2022 9:39am

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Post# 34764038

Viston to close deal today / Waives CFIUS requirement????

Looks like that Viston will close the deal today at 74 cents Canadian.

I believe that their lawyers told Viston to waive the requirement for CFIUS approval as the vast majority of the applications filed are all approved. There was 1 rejection in 47 years.

I believe that Viston has tallied up all of the tendered shares and it must be over 90% so no need to wait any longer.

PP to Anthony Cantone will be cancelled by Viston as they will pay the fine themselves.

Also prevents shareholder meeting from voting on anything they do not agree with and, helps in their search for a CEO only themselves getting a vote.

Good Luck,

My personal opinion,

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