QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), Uppgard Konsult AB Release Update on Share Purchase Initiative
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) and Uppgard Konsult AB have announced the signing of an engagement letter with a well-known, Canada-based, international law firm that specializes in the field of mergers and acquisitions as well as in the energy sector in general and oil and gas in particular. The agreement outlines assistance with regards to Uppgard Konsult AB’s takeover bid and tender offer for shares in Petroteq Energy in Canada. Uppgard Konsult AB has officially offered to purchase up to 200 million shares of Petroteq at 0.50 euro per share, subject to Uppgard Konsult AB's terms and…