Petroteq Executes Two License Agreements 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 (CAM) in Eatontown, New Jersey and Petroleum Capital Funding, LP (PCF) based in Cape Coral, Florida. Cantone Asset Management, LLC and its affiliates, is one of Company's largest shareholders and has tendered more than 100,000,000 shares in takeover-bid from Viston United Swiss AG, offer. #petroteq_energy #pioneering_energy #clean_Oil_recovery #clean_oil #Oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/439/petroteq-executes-two-license-agreements

MCW Energy Group Announces Management Changes A Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, is pleased to announce that Bill G. Calsbeck and Igor Sosnovskiy have joined the board of directors of MCW to replace Sergey Grechishkin, Ronald Fisher and David Sutton (who also resigned as President) who have resigned to focus on other business responsibilities. Mr. Sutton remains a director and the President of MCW Fuels, Inc. #petroteq_energy #pioneering_energy #clean_Oil_recovery #clean_oil #Oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/4/mcw-energy-group-announces-management-changes

Petroteq Response to the Unsolicited Takeover Bid by Viston United Swiss AG Accordingly, the Board is considering whether to make a recommendation to accept or reject the Viston Offer and has determined not to make a recommendation to Petroteq Shareholders until such time as the Company has an opportunity to complete its Strategic Review (as defined below) and receives input on valuation from its financial advisor, Haywood Securities Inc. ("Haywood"). #petroteq_energy #pioneering_energy #clean_Oil_recovery #clean_oil #Oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/404/petroteq-announces-filing-and-mailing-of-directors

We are committed to creating a better world for our future generations. Learn more about our innovative technology: #petroteq #pqeff https://www.petroteq.com/sustainability/

About Petroteq Energy Inc Petroteq is a fully integrated clean technology company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction and reclamation of heavy and bitumen from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. #clean_oil_recovery #clean_oil #oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/343/petroteq-announces-closing-of-financing About Petroteq Energy Inc Petroteq is a fully integrated clean technology company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction and reclamation of heavy and bitumen from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. #clean_oil_recovery #clean_oil #oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/343/petroteq-announces-closing-of-financing

Utah | operation Petroteq’s Asphalt Ridge is the company’s primary production operation, just south of Vernal, Utah. The operation outputs consists of heavy oil and sand products. #justsouthofVernal #Utah #Petroteq https://www.petroteq.com/operations

Petroteq Provides Update on Recent Discussions with Viston United Swiss AG Petroteq has no plans or intentions to engage in any defensive or other tactics that could prejudice the Viston Offer and in particular satisfaction of the conditions to the Viston Offer without the consent of Viston (for example, (i) the adoption, establishment or entering into of any new, or material amendment to any existing, employment, change in control, severance, compensation, benefit or similar agreement, arrangement or plan with or for one or more Petroteq employees, consultants or directors or the making of grants or awards to provide for increased benefits to such persons, except in connection with the aforementioned CEO Search as required by the TSX Venture Exchange, (ii) adopting or implementing a shareholder rights plan, or (iii) implementing a change in capital structure of Petroteq, including issuance of any Common Shares or securities convertible into Common Shares, etc. #petroteqenergy #pioneeringenergycleanoilrecovery #cleanOil #Oilrecovery #Oilrecovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/428/petroteq-provides-update-on-recent-discussions-with-viston