Sky Quarry Inc. Launches Regulation A Offering, Eyes Nasdaq Listing

Sky Quarry Inc., an integrated energy solutions company, has announced the launch of its Regulation A (Reg A) investment round, marking a significant step towards its planned Nasdaq listing under the ticker symbol 'SKYQ'. The company, which specializes in revolutionizing the waste asphalt shingle recycling industry, is capitalizing on the growing demand for sustainable energy solutions and efficient waste management practices.

At the heart of Sky Quarry's business model is its innovative approach to energy recovery from waste asphalt shingles (WAS). With approximately 15 million tons of asphalt shingles sent to landfills annually from nearly 6 million home re-roofing projects in the USA, the company has identified a significant environmental challenge and a largely untapped resource. Sky Quarry has developed a patented process to transform this waste into sustainable fuels and other marketable materials, potentially creating seven distinct revenue streams.

The company's strategy aligns with the global shift towards eco-friendly solutions, addressing both environmental concerns and the need for sustainable energy sources. Sky Quarry's addressable markets are projected to be worth a combined $25 billion by 2035, highlighting the substantial growth potential in this sector.

In preparation for expansion, Sky Quarry has acquired two key processing facilities: an advanced oil extraction facility in Utah and a 5,000 barrel-per-day oil refinery in Nevada. These acquisitions provide the company with integrated capabilities from extraction to refining, strengthening its position in the market. The Nevada refinery generated over $50 million in revenue in 2023, demonstrating the financial viability of the company's operations.

Looking ahead, Sky Quarry plans to commence production at its fully retrofitted flagship extraction facility in 2025. This facility is designed to produce up to 2,000 barrels of sustainable oil daily, further solidifying the company's role in the renewable energy sector.

David Sealock, Chairman, CEO, and Co-founder of Sky Quarry, emphasized the company's mission: "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."

The Reg A offering, managed by Digital Offering, LLC, an SEC registered broker-dealer, provides an opportunity for investors to participate in Sky Quarry's growth strategy. Potential investors are encouraged to review the Offering Circular and associated risk factors before making investment decisions.

Capital raised through this offering will support Sky Quarry's expansion efforts and its strategic move towards a planned Nasdaq listing. This listing is expected to increase the company's visibility and provide additional opportunities for growth and market penetration.

Sky Quarry's approach to waste management and energy production represents a significant development in the quest for sustainable solutions to environmental challenges. By repurposing waste materials into valuable resources, the company is not only addressing the issue of landfill waste but also contributing to the renewable energy sector. As the world continues to grapple with environmental concerns and the need for sustainable energy sources, companies like Sky Quarry are poised to play a crucial role in shaping the future of waste management and energy production.