22 May 2020director interest notice● Neutral
James W Fuller became a PETROTEQ ENERGY INC. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 May 2020director interest notice● Neutral
PETROTEQ ENERGY INC. Executive Chairman Aleksandr Blyumkin bought 696,153 shares on the open market at $0.13.
14 May 2020director interest notice● Neutral
PETROTEQ ENERGY INC. Executive Chairman Aleksandr Blyumkin bought 246,153 shares on the open market at $0.13.
14 May 2020director interest notice● Neutral
Aleksandr Blyumkin became a PETROTEQ ENERGY INC. Executive Chairman and company insider (initial ownership filing).
3 Apr 2020securities registration● Neutral
PETROTEQ ENERGY INC. amended a filing by which it filed notice of an exempt private placement.
3 Apr 2020debt financing▼ BadMajor
Petroteq issued a US$471,000 secured convertible debenture to Petroleum Capital Funding L.P. on March 30, 2020, raising US$392,500 after a discount. It is the third in a series with the November and December 2019 debentures (US$318,000 and US$432,000). It carries 10% interest and a 48-month term, is secured by a first lien on the bitumen reserves at Asphalt Ridge, and converts at US$0.08 per share (the earlier two convert at US$0.17).
1 Apr 2020securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
3 Mar 2020production update▲ GoodMajor
Petroteq said its Asphalt Ridge plant in Vernal, Utah restarted on February 19, 2020 after a January maintenance shutdown, and has since made about 1,900 barrels, averaging over 300 barrels a day. The company says at that rate, with costs of about $30-$32 a barrel, the plant is operating on a break-even basis. It also plans to issue 2,900,000 shares to settle $310,000 owed to seven service providers, subject to TSX Venture Exchange approval.
7 Feb 2020securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
31 Jan 2020securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
21 Jan 2020quarterly activities report▼ Bad
PETROTEQ ENERGY INC. reported quarterly revenue of $101 thousand and a net loss of $3.2 million for the period ended 2019-11-30.
15 Jan 2020late filing notice▼ Bad
PETROTEQ ENERGY INC. notified the SEC that its quarterly report would be filed late.
17 Dec 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
29 Nov 2019late filing notice▼ Bad
PETROTEQ ENERGY INC. notified the SEC that its annual report would be filed late.
21 Nov 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
12 Nov 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
8 Nov 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
21 Oct 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
7 Oct 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
7 Oct 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
2 Oct 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
17 Sept 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
3 Sept 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
30 Aug 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
28 Aug 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
15 Aug 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
26 July 2019asset acquisition disposition▲ GoodMajor
Petroteq closed its purchase of an additional 50% of the operating rights to oil sands under federal leases in Utah (about 8,480 gross acres), completing the deal that began with the first 50% in April 2019 and giving it 100% of the operating rights. It paid US$13 million: US$1 million in cash and 30 million new shares at a deemed US$0.40 each. The attached press release also reports a US$300,000 unsecured convertible debenture from an arm's length lender (7% interest, 15 months, convertible at US$0.19, with warrants at US$0.24) and a planned issue of 838,714 shares to settle US$176,130 owed to a service provider.
25 July 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
25 July 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.
19 July 2019securities registration● Neutral
PETROTEQ ENERGY INC. filed notice of an exempt private placement.