Petroteq Energy Inc. is pleased to announce that it has received irrevocable subscription agreements for gross proceeds of US$130,000 for an aggregate of 2,666,665 common shares of Petroteq at a price of US$0.06 per share. The subscriptions include a US$70,000 subscription from Mr. Alex Blyumkin, an officer and director of Petroteq, for 1,666,666
[...]