Blue Dolphin Energy fails OTCQX annual meeting rule; cure period through 2022

BLUE DOLPHIN ENERGY CO

On December 14, 2021, Blue Dolphin notified OTC Markets it could not hold 2021 annual meeting as required by OTCQX Rule 3.2.
OTC confirmed non-compliance on January 14, 2022 and granted cure period to hold annual meeting within calendar year 2022.
If compliance not regained, company will be moved from OTCQX U.S. tier to Pink market.
Company plans to hold next annual meeting in May or June 2022.

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