NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Correction to Shares For Debt Details

Jul 6, 2020

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) on Friday announced a correction to the shares for debt details from its June 12 and 24, 2020 news releases. According to the update, the Company has executed shares for debt agreements, pursuant to which it will issue an ‎‎aggregate of 7,582,502 common shares in satisfaction of US$304,309 (including accrued interest) of indebtedness currently owed to six ‎arm’s ‎length creditors. All ‎shares issued pursuant to these transactions are subject to approval of the TSX Venture Exchange.

To view the full press release, visit http://nnw.fm/dq28M

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.

For more information, visit www.Petroteq.energy.

NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://nnw.fm/PQEFF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

NetworkNewsWire is part of the InvestorBrandNetwork

More News

Trader Joe's to open more than 30 new stores 'soon': Here's where
Oct 17, 2026
Trader Joe's to open more than 30 new stores 'soon': Here's where

America's "favorite grocer" is growing.

Superquiz, Sunday, October 18
Oct 17, 2026
Superquiz, Sunday, October 18

Trivia buffs, test your knowledge with today’s interactive superquiz.

China’s proposed AI tech export bans may create short-term costs, long-term gains: analysts
Oct 17, 2026
China’s proposed AI tech export bans may create short-term costs, long-term gains: analysts

China’s proposed export bans and controls of artificial intelligence technologies aim to tighten Beijing’s grip in the strategically vital sector, casting a cloud over the commercial prospects of domestic model developers in the global AI race, analysts say. The new measures come as concerns mount globally over the risks of advanced AI systems, following a string of recent cyberattacks, while also underscoring AI’s growing national security importance for both Beijing and Washington. Zhang Yi,...

Coming up roses? How Trump planted a new seed for Chinese gift diplomacy
Oct 17, 2026
Coming up roses? How Trump planted a new seed for Chinese gift diplomacy

Donald Trump was apparently captivated by the “beautiful” roses in the garden of the Communist Party’s leadership compound when he visited Beijing in May. It was a relaxed moment between the US and Chinese leaders – otherwise locked in disputes ranging from trade to technology and Taiwan – that led to a new opportunity for gift diplomacy between the rival powers. Strolling around the former imperial garden at Zhongnanhai with Xi Jinping, Trump was so taken with a China rose variety in bloom that...

Lopez: It's been a great romance, but it's time to rethink our relationship with the California coast
Oct 17, 2026
Lopez: It's been a great romance, but it's time to rethink our relationship with the California coast

With a fall forecast that includes a Super El Niño, Kelvin waves, hurricanes and a rising sea level, piers, beaches and homes could be lost.

AI used for first time to analyse lawmakers’ 5-year plan, policy address debate
Oct 17, 2026
AI used for first time to analyse lawmakers’ 5-year plan, policy address debate

Hong Kong’s legislature has for the first time used artificial intelligence (AI) to analyse lawmakers’ remarks during a three-day debate on the city’s first five-year plan and the latest annual policy address, with talent and the Northern Metropolis emerging as the most-discussed topics. Legislative Council president Starry Lee Wai-king said on Saturday that an overview of the six-session debate had been produced using AI. The session on improving livelihood protections drew the largest number...

Husband shares update on WA grandmother fighting for life in Bali
Oct 17, 2026
Husband shares update on WA grandmother fighting for life in Bali

The husband of Estelle Ravenscroft has warned other travellers not to go on holidays if they can’t get insurance.

Corrupt officials have nowhere to hide, China’s anti-graft watchdog warns
Oct 17, 2026
Corrupt officials have nowhere to hide, China’s anti-graft watchdog warns

There is “no way out” for corrupt officials no matter how senior they are, China’s top anti-corruption watchdog has warned following the downfall of a former big-city mayor who survived numerous previous scandals. This week, the Central Commission for Discipline Inspection (CCDI) announced both the probe into Huang Qifan, the former mayor of Chongqing, and the expulsion of a senior figure in Sichuan province. On Saturday, the commission said these developments showed the party’s “unwavering...

Teen, 13, arrested as police investigate alleged sex offences on walking trails
Oct 17, 2026
Teen, 13, arrested as police investigate alleged sex offences on walking trails

Police arrested the teenager after receiving multiple reports of alleged sexual offences against women in the Narrabeen area on Sydney’s northern beaches.

Jayda had a light that made people stop. Hundreds just gathered to make sure it stays burning
Oct 17, 2026
Jayda had a light that made people stop. Hundreds just gathered to make sure it stays burning

Hundreds of people gathered in Carlton and marched to Parliament House to honour Jayda Allen Bonner, 21, who was allegedly murdered by her partner, and call for change.

Is China’s Shenzhen ready to host Xi, Trump and Putin during Apec summit?
Oct 17, 2026
Is China’s Shenzhen ready to host Xi, Trump and Putin during Apec summit?

In Shenzhen, drones are banned, shiny new hotels have opened their doors and taxi drivers are carrying devices that can translate nearly 150 languages. Since President Xi Jinping announced last year that China’s southern tech hub would host Apec meetings in November, the city has done all it can to get ready under the watchful eyes of the local, provincial and national authorities. While every Apec summit draws the world’s attention, this year’s edition is considered to be especially high-stakes...

SoCal braces for more Santa Ana winds as fire destroys homes in Orange County
Oct 17, 2026
SoCal braces for more Santa Ana winds as fire destroys homes in Orange County

Firefighters are bracing for another day of Santa Ana winds and extreme temperatures as they continue to battle the Norte fire, which has destroyed six homes in south Orange County.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.


News On Express

Fills you in with all the breaking world news and brief news articles so that you can read them on-the-go. Grab yourself a coffee and enjoy reading on News On Express.

NEWSLETTER

Copyright © 2015 - 2026 News On Express. All Rights Reserved.