TSXV:PQE.H - Post by User
Post by
deepoil0808on Jun 21, 2022 6:49pm
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Post# 34772543
No Antitrust issues and No National Security issues
No Antitrust issues and No National Security issuesOn February 9, 2022, Viston announced completion of two key regulatory milestones – namely:
The Hart-Scott-Rodino Act (the “HSR Act”) waiting period expired on February 4, 2022. The HSR Act is a key U.S. antitrust act that enables the Federal Trade Commission and the Department of Justice to review proposed merger transactions by requiring the parties to observe a waiting period before closing their transaction.
The initial review period under the Investment Canada Act also lapsed on February 3, 2022, with no national security related notice being issued, thereby allowing the Offer to proceed under the Canadian foreign investment rules. The company announced on February 28, 2022 and confirms that it is willing to assist Viston with its CFIUS filings.
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If there is no National Security issues in Canada, I presume that it will be the same in USA.
BTW, the supply of shares on the market comes from the exercise of options, warrants and convertible debt into shares of PQE which are then sold on the market.
Most people do not have the funds to double buy meaning shares + exercising of warrants and options and, those with debentures want their loan repaid as they are not to speculate on markets. Once these are done, I expect a strong rally.
My personal opinion