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STUDIO CITY, CALIFORNIA--(Marketwired - July 11, 2017) - Petroteq Energy Inc. (the "Company") (TSX VENTURE:PQE)(OTCQX:PQEFF), a company focused on the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits, announces that the Company has completed a non-brokered private placement financing by issuing 220,588 common shares for aggregate gross proceeds of US$75,000. The shares were issued on July 10, 2017 following the conditional approval of the TSX Venture Exchange (the "TSXV"). The shares issued pursuant to the financing are subject to a four month hold period. The financing is subject to final approval of the TSXV. |
