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Petroteq Energy Inc. 
Listed Company 

PETROTEQ ENERGY INC. ("PQE")
[formerly MCW Energy Group Limited ("MCW")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: May 4, 2017
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders April 6, 2017, the Company has consolidated its capital on a 30 old for 1 new basis. The name of the Company has also been changed as follows.

Effective at the opening, Friday, May 5, 2017, the common shares of Petroteq Energy Inc. will commence trading on TSX Venture Exchange, and the common shares of MCW Energy Group Limited will be delisted. The Company is classified as an 'Oil and Gas Extraction' company.

Post - Consolidation
Capitalization: Unlimited shares with no par value of which
7,961,573 shares are issued and outstanding
Escrow: nil shares

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: PQE (new)
CUSIP Number: 71678B107 (new)
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