Stocks in play: Petroteq Energy Inc

Announced that one of Company’s shareholders, Cantone Asset Management, LLC and its affiliates, has tendered more than 100,000,000 shares in takeover-bid from Viston Swiss United, AG Offer; in addition the Company announced the issuance to Cantone Asset Management, LLC of a US$300,000 principal amount convertible debenture of the Company, and 2,500,000 transferable common share purchase warrants, pursuant to an irrevocable subscription originally announced by the Company on July 13, 2021. The tender offer by 869889 Ontario Inc., an indirect wholly-owned subsidiary of Viston United Swiss AG, to purchase all of the issued and outstanding common shares of Petroteq, remains open for acceptance until 5:00 p.m. EST on April 14, 2022. Petroteq Energy Inc shares O.PQEFF are trading up 2% at $0.37.

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