Petroteq Energy Inc. announced that it has received $2.5 million in funding
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from one placee and total existing insider involvement of one placee for 12,195,121 shares. The company paid agent fee of an aggregate of 487,804 common shares and 2,073,170 broker's warrants, payable to Cantone Research, Inc., Investment Banking Arm. Each broker's warrant entitles the holder to acquire one common share at an exercise price of $ 0.205? per share for a period of two years.