 SHERMAN OAKS, CA ACCESSWIRE July 13, 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, is pleased to announce that it has received irrevocable subscription agreements for gross proceeds of US2,144,999.92 for an aggregate of 17,874,996 units a Unit or Units of the Company at US0.12 per Unit the Equity Offering. Each Unit shall consist of i one 1 common share of the Company, and ii one 1 transferable common share purchase warrant. 