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OFS - Finance Briefs - July 1, 2020
Petroteq Energy will swap 3,333,333 common shares to satisfy $100,000 owed to a creditor as it saves cash for use on its extraction technology in Asphalt Ridge, Utah. The company also amended three convertible debentures and three warrants issued between July 2019 and October 2019. The conversion price applicable to the $650,000 purchase price of $780,000 in convertible debentures went from $0.17, $0.19 and $0.21 to $0.037. The exercise price of three warrants for......
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