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Petroteq Response to the Unsolicited Takeover Bid ...

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 July 30, 2022

 Sherman Oaks

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").

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MCW Energy Group Announces Management Changes

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 July 30, 2022

 Sherman Oaks

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 M...

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Operations - Utah

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 July 16, 2022

 Sherman Oaks

Operations - Utah

Petroteq’s Asphalt Ridge is the company’s primary production operation, just south of Vernal, Utah. The operation outputs consist of heavy oil and sand products.

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