Aleksandr Blyumkin, CEO and Director, acquired 15,000,000 Common Shares on a direct ownership basis at a price of US$0.040 through a prospectus or prospectus exempt offering on July 31st, 2020. This represents a $804,240 investment into the company's shares and an account share holdings change of greater than 100%.
Petroteq Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Petroteq Energy Inc. is a holding company, which is oil and gas industry. The Company is engaged in the development and implementation of oil sands mining and processing oil from surface mined bitumen deposits. Petroteq Energy CA, Inc., (PQE), conducts oil sands extraction business through two operating companies, Petroteq Oil Sands Recovery, LLC, (PQE Oil), and TMC Capital, LLC, (TMC). The Company's subsidiary, Petrobloq LLC, (Petrobloq) is developing a blockchain-powered supply chain management platform for the oil and gas industry. The Company is focused on developing its oil sands resources and production capacity at its facility at Asphalt Ridge, Utah.
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