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 > 99.9% tendered share are still there without withdrawal.

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Comment by mingzhuon Jul 22, 2022 10:46am

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RE:99.9% tendered share are still there without withdrawal.

remember this is over $600m takeover, not small cap. it will take another $500m to develope the property. That is over $1B

mingzhu wrote: It shows 99.9 % tendered shares holders believe it is going through. yes it has taken some time. but normally how long for nomal takeover to get finish line? 6 months to one year. Please check all other takeover time.

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