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Multiple buying at Petroteq Energy (V:PQE)

Updated Monday Mar 11, 2019 02:37 AM EDT

Dr. Raymond Gerald Bailey, a Senior Officer and Director, acquired 154,972 Common Shares on a direct ownership basis at a price of US$0.400 through a prospectus or prospectus exempt offering on March 5th, 2019. This represents a $82,724 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Aleksandr Blyumkin, a Senior Officer and Director, acquired 154,972 Common Shares on a direct ownership basis. This represents a $82,724 investment into the company's shares and an account share holdings change of 3.9%.

Robert Dennewald, a Director, also acquired 154,972 Common Shares on a direct ownership basis. This represents an account share holdings change of greater than 100%.

Travis Stephen Schneider, a Director, acquired 47,102 Common Shares on a direct ownership basis. This represents a $25,143 investment into the company's shares and an account share holdings change of greater than 100%.

Finally, David O. Sealock, CEO and Director, acquired 7,767 Common Shares on a direct ownership basis. This represents a $4,146 investment into the company's shares and an account share holdings change of 12.4%.

Petroteq Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Petroteq Energy Inc, formerly MCW Energy Group Limited, is a Canada-based company. It has soil remediation and extraction technologies. Its oil sands extraction technology facilitates the extraction of oil from a range of bituminous sands and other hydrocarbon sediments. It operates through its subsidiaries, MCW Oil Sands Recovery, LLC (MCWO), engaged in mining and oil extraction from tar sands and Accord GR Energy, Inc. (Accord), engaged in using a technology to extract oil from oil wells. MCWO is engaged in a tar sands mining and oil processing operation, using a closed-loop solvent-based extraction system that recovers bitumen from surface mining in the Asphalt Ridge area of Uintah, Utah. Its 1,128-acre oil sands lease is located in Asphalt Ridge in the Uinta Basin and is approximately 10 miles from Vernal. Accord holds over three oil and gas leases in Edwards County, Texas and certain oil extraction technologies. It has an oil sands extraction plant in Vernal, Utah.

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