--News Direct--
Sky Quarry Inc. (“Sky Quarry,” “SQI,” or the “Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry is pleased to announce the launch of its Regulation A (Reg A) investment round. This move comes ahead of the Company’s planned Nasdaq listing, for which they have already secured the ticker 'SKYQ'.
Waste-to-Energy Solutions
Key to Sky Quarry’s success is the Company’s innovative approach to energy recovery from waste asphalt shingles (“WAS”). Nearly 6 million homes in the USA are reroofed each year, sending approximately 15 million tons of asphalt shingles to landfills across the country for disposal, contributing to a significant environmental challenge, not to mention a waste of valuable resources.
Sky Quarry has developed a patented process to transform this waste into sustainable fuels and other marketable materials – a total of 7 potential revenue streams. Their model capitalizes on both a low-cost commodity and the global shift towards eco-friendly solutions.
The Company’s many addressable markets are expected to be worth a combined $25B by 2035. This Reg A round is an opportunity for investors to join the operation as management executes their expansion strategy .
Market Expansion & Growth Trajectory
Part of Sky Quarry’s fully integrated strategy was the acquisition of two substantial processing facilities: a cutting-edge oil extraction facility in Utah with significant hydrocarbon resources, and a 5,000 barrel a day oil refinery in Nevada. These acquisitions provide them with an integrated capability from extraction to refining.
In 2023 their refinery generated over $50 million in revenue and the Company is set to put into production their fully retrofitted flagship extraction facility in 2025, which is designed to produce up to 2,000 barrels of sustainable oil daily. Management believes that this facility will further cement Sky Quarry's role in the rise of renewable energy solutions.
David Sealock, Chairman, CEO, and Co-founder, states, “At Sky Quarry, our mission is not only to think differently, but to challenge the status quo in not one but two industries – energy and waste management. Today, we’ve built an energy company which we believe is unlike any other, one which provides a simple solution for sustainable energy from a significant waste issue.”
A Planned Nasdaq Listing
This opportunity is being offered pursuant to Regulation A by Digital Offering, LLC, an SEC registered broker-dealer, and member of FINRA and SIPC. Investors are encouraged to carefully review the Offering Circular and its related risk factors and exhibits prior to investing.
The capital raised will help propel the Company's expansion efforts and support its strategic move towards a planned Nasdaq listing, where Sky Quarry will trade under the ticker symbol 'SKYQ.'
Invest in Sky Quarry
Visit our offering page to learn more and join over 7,000+ investors who have already backed our sustainable mission to transform waste into valuable resources, offering multiple revenue streams and significant growth potential for our investors.
About Sky Quarry Inc.
Sky Quarry Inc. and its subsidiaries (“Sky Quarry,” “SQI,” or the “Company”) form an integrated energy solutions company, created to address the environmental issues caused by the landfill disposal of waste asphalt roofing shingles. Our purpose-driven waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact.
This press release may include ''forward-looking statements.'' To the extent that the information presented in this presentation discusses financial projections, information, or expectations about Sky Quarry Inc.’s business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.''Although Sky Quarry, Inc. (or “Sky Quarry”) believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Sky Quarry Inc. does not undertake any duty to update any forward-looking statements except as may be required by law.The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified. The securities offered by Sky Quarry are highly speculative. Investing in shares of Sky Quarry involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue.Sky Quarry intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. For additional information on Sky Quarry, the offering and any other related topics, please review the Form 1-A offering circular that can be found at the EDGAR Entity Landing Page (sec.gov). Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular.
Contact Details
Sky Quarry Investor Relations
shareholdercommunity@skyquarry.com
Company Website
https://investor.skyquarry.com/
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