May 22, 2018 / 11:25 PM / 4 months ago

BRIEF-Petroteq Energy Provides Update On Transaction With Deloro

May 22 (Reuters) - Petroteq Energy Inc:

* PETROTEQ ENERGY PROVIDES UPDATE ON TRANSACTION WITH DELORO

* ANNOUNCES IRREVOCABLE SUBSCRIPTION AND CLOSING BY DELORO ENERGY FOR 6 MILLION UNITS OF CO FOR GROSS PROCEEDS OF $3,600,000

* PETROTEQ ENERGY - CO HAS GRANTED DELORO RIGHT AND OPTION TO SUBSCRIBE FOR UP TO AN ADDITIONAL 4 MILLION UNITS AT US$0.60 PER UNIT UNTIL JUNE 13, 2018 Source text for Eikon: Further company coverage:

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