Petroteq Energy Inc.

TORONTO, ONTARIO -- (Marketwired) -- 06/28/13 -- MCW Energy Group (TSX VENTURE: MCW) (MCW.V) ("MCW"), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces that, further to its press release dated May 8, 2013, the lender assigned the debt to two arm's length parties who have entered into agreements with MCW for the issuance of an aggregate of 5,724,500 [...]

TORONTO -- (Marketwired) -- 06/04/13 -- MCW Energy Group (TSX VENTURE: MCW) (MCW.V) ("MCW"), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, today announced successful results of processing random Alberta oil sands tailings ponds samples in a series of preliminary laboratory tests.

The separation/extraction tests utilizing MCW's proprietary extraction [...]

TORONTO, ONTARIO -- (Marketwired) -- 05/21/13 -- MCW Energy Group (TSX VENTURE: MCW) (MCW.V) ("MCW"), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, today announced the appointment of Richard S. Rawdin, CPA, as Chief Financial Officer of the MCW Energy Group.

Mr. Rawdin will take over the position serving both divisions of MCW, MCW Fuels and MCW Oil Sands [...]

MCW Energy Group announces that it has entered into an agreement with an arms-length lender, pursuant to which MCW will issue 6,095,215 common shares in satisfaction of indebtedness of US$3,657,129 currently owed to such lender in principal plus interest pursuant to a previously issued convertible debenture, based on an agreed issue price of $0.60 per share. MCW determined to satisfy the indebtedness with common shares in [...]

MCW Energy Group is pleased to announce that it has entered into a intellectual property license agreement with a private arm's length Canadian company which has agreed to act as the sole and exclusive licensee of MCW's extraction technology within the countries of Canada and the Republic of Trinidad and Tobago.

MCW Energy Group is pleased to announce that Martin J. Doane has joined its board of directors to replace Bill G. Calsbeck who has resigned to focus on his other business responsibilities. The board would like to thank Bill for his invaluable contributions to MCW over the previous few years, including his significant and tieless efforts in assisting MCW with its public listing on the TSX Venture Exchange.

MCW Energy Group today announced that a corporate profile story on MCW is currently appearing in the February 2013 issue of the International Resource Journal (IRJ), a major electronic resource publication distributed online to top executives worldwide. The International Resource Journal story focuses on MCW's breakthrough, oil sands extraction technology in an industry often criticized for its extraction processes by [...]

MCW Energy Group is pleased to announce that it has retained Venture Liquidity Providers to provide market-making services in accordance with TSX Venture Exchangepolicies. VLP will trade shares of MCW on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of MCW's shares.

MCW Energy Group today announced highlights of its Consolidated Statements of Loss and Comprehensive Loss for the period ending August 31st, 2012, which included an increase in net revenue from its fuel sales division, MCW Fuels. Net revenue for 2012 increased to $ 363,325,177 USD which indicates a substantial increase from the year 2011, which totalled $ 241,540,372 USD.

VANCOUVER, BC -- (Marketwire) -- 01/09/13 -- MCW Energy Group (TSX VENTURE: MCW) (TSX VENTURE: MCW.V) ("MCW"), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, today provided details on its local supplier appointment program for the final fabrication stages of its oil sands extraction project in Asphalt Ridge, Utah. Several suppliers in the Vernal and Uinta [...]