NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 10/02/2019 3:51:46 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Advancing Toward Expansion Plans
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated, surface oil sands clean recovery mining oil company with proprietary technology, recently secured additional funding and made considerable headway toward its Asphalt Ridge heavy-oil extraction facility expansion plans. An article discussing the company reads, “Earlier this month, Petroteq announced the issuance to an arm’s length lender of a $480,000 principal amount (including a 20% original issue discount) unsecured convertible debenture and warrants exercisable for up to 2,666,666 of the company’s common shares, each at $0.15, for 12 months, according to a news release (http://nnw.fm/ukFW2). The company said it will use the net proceeds of the financing on its extraction technology in Asphalt Ridge, as well as for working capital.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated, surface oil sands clean recovery mining oil company with proprietary technology, recently secured additional funding and made considerable headway toward its Asphalt Ridge heavy-oil extraction facility expansion plans. An article discussing the company reads, “Earlier this month, Petroteq announced the issuance to an arm’s length lender of a $480,000 principal amount (including a 20% original issue discount) unsecured convertible debenture and warrants exercisable for up to 2,666,666 of the company’s common shares, each at $0.15, for 12 months, according to a news release (http://nnw.fm/ukFW2). The company said it will use the net proceeds of the financing on its extraction technology in Asphalt Ridge, as well as for working capital.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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