 SHERMAN OAKS, CA ACCESSWIRE July 27, 2021 Petroteq Energy Inc. Petroteq or the Company TSXV:PQEOTC PINK:PQEFFFSE:PQCF, an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces that its securities counsel has been contacted, by the client of Uppgard Konsult AB, the Bidder, through legal counsel. While there is no guarantee that any discussions will result in any meaningful discussions or a transaction, the Company has advised the Bidder s Canadian counsel that it is open and willing to initiate discussions. 