Petroteq Energy Inc. ; ; , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is pleased to announce that it has received an irrevocable subscription agreement and funds from an arm's length subscriber for gross proceeds of US$900,000 for 4,390,243 units of Petroteq at a price of US$0.205 per Unit. Each Unit shall consist of one [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is announcing that the Committee on Foreign Investment in the United States has rejected the joint voluntary notice submitted by Viston United Swiss AG and its Canadian subsidiary and Petroteq with respect to the pending offer by the Offeror to purchase all of the issued [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces that it has successfully closed its brokered private placement , which was previously announced on June 2, 2022 and August 11, 2022. Pursuant to the Offering, the Company issued 12,195,121 units to a single institutional investor at US$0.205 per Unit [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, announced today that as per the Company's announcement dated May 24, 2022 introducing the appointment of the founding members of the Company's Regulatory Oversight Advisory Committee and its mandate, the Company and the ROC hereby [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces that, subject to acceptance by the TSX Venture Exchange , the ultimate closing date for the best efforts brokered private placement of up to US$2.5 million , which was previously announced on June 2, 2022, is anticipated prior to the end of August [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil extraction and remediation technologies provides a corporate update and announces completion of milestones prior to the closing of Viston United Swiss AG. Petroteq has developed a proprietary technology to extract oil from its reserves in Utah, and has demonstrated in pilot projects the viability of [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce that it has entered into two non-exclusive, non-transferable license agreements with Cantone Asset Management, LLC in Eatontown, New Jersey and Petroleum Capital Funding, LP based in Cape Coral, Florida. Cantone Asset [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce that it has entered into a binding letter of intent dated August 2, 2022 with Netoil Inc. , an oil company led by Mr. Roger Tamraz, an experienced hands-on operator and investor in the oil & gas industry. Netoil [...]
Petroteq Energy Inc. , an an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, announces that it and the optionees of all of the issued and outstanding stock options of the Company have agreed to cancel an aggregate of 4,250,000 stock options, all of which had exercise prices between C$1.00 and C$2.27. Subject to [...]
Petroteq Energy Inc. , an an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce that its shareholders have voted at the annual and special meeting of Shareholders on July 21, 2022 in favor of all matters put to Shareholders at the Meeting. All matters that were put before Shareholders at the [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, announced today that as per the Company's announcement dated May 24, 2022 introducing the appointment of the founding members of the Company's Regulatory Oversight Advisory Committee and its mandate, the Company and the ROC hereby [...]
Petroteq Energy Inc. and Viston United Swiss AG , acting through 2869889 Ontario Inc. wish to announce that, following a video conference call between and among Petroteq, Viston and their respective counsel on Wednesday, June 22, 2022, Petroteq, Viston and the Offeror have entered into a letter agreement as of July 5, 2022 in connection with the pending offer by the Offeror to purchase all of the outstanding common shares [...]
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