Core Viewpoint - Sky Quarry Inc. is launching a national rollout of modular facilities aimed at enhancing the scalability and efficiency of its proprietary technology in the waste asphalt shingle recycling industry, focusing on innovation and long-term growth [1][2]. Group 1: Company Plans and Operations - The company is finalizing plans to expand upstream capabilities through the deployment of Asphalt Shingle Recycling (ASR) units, which will process waste asphalt shingles and produce sellable byproducts like sand and granules [2][5]. - The ASR units will be strategically placed based on logistical criteria, including proximity to populated areas, high tipping fees, and accessibility to rail lines [7]. - Resource Processing Units will reduce the volume of asphalt waste material by 40%, lowering transportation costs, and are estimated to cost between $500,000 and $1.5 million per unit [3][4]. Group 2: Financial Projections and Economic Impact - Resource Extraction Units, currently in the design phase, are expected to cost around $12 million each and recover initial capital costs within 24 to 36 months through revenues from tipping fees and sales of recovered materials [4]. - The company anticipates that its modular units will create a closed-loop system that promotes sustainability, reduces waste, and minimizes reliance on virgin materials, potentially stimulating regional economic growth and job creation [5][6]. Group 3: Market Context and Regulatory Environment - Sky Quarry's initiatives align with tightening landfill disposal mandates and increasing state requirements for construction and demolition waste diversion, positioning the company as a viable solution for waste management [5]. - The company plans to offer exclusive modular partnership opportunities to qualified candidates, indicating a strategic approach to expand its market reach [5].

Veteran Board Member for Private and Public Companies to Provide Corporate Financial Strategy and Capital Markets Experience WOODS CROSS, Utah, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the appointment of respected finance leader Leo Womack to the Company's Board of Directors. Mr. Womack will also serve as a member of the Aud ...

Designed to Process 1 Million Tons of Shingle Waste and Produce 2,000 Barrels of Oil Daily WOODS CROSS, Utah, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the successful completion of its 2024 capital expenditure program for PR Spring. This milestone advances Sky Quarry toward completing and commissioning its cornerstone facili ...

Core Viewpoint - Sky Quarry Inc. is focused on enhancing shareholder value through a multi-tier business plan and is encouraging shareholders to transfer their shares from margin accounts to cash accounts to stabilize stock price and reflect the company's growth trajectory more accurately [1][2][4]. Group 1: Shareholder Recommendations - The company recommends that shareholders consider transferring their shares from margin accounts to cash accounts to prevent brokerage firms from lending shares to short sellers, which can negatively impact stock price [3][4]. - By moving to a cash account, shareholders can help protect the integrity of the stock price and ensure it aligns with the company's underlying fundamentals [5][6]. Group 2: Transition Process - The transition from a margin account to a cash account is described as a straightforward process, involving contacting the brokerage firm, confirming settlement timing, and verifying account updates [6][8]. - The company believes that collective action in this regard may stabilize stock price and better reflect the company's growth potential [6]. Group 3: Company Overview - Sky Quarry Inc. is an integrated energy solutions company focused on recycling waste asphalt shingles and environmental remediation, aiming to repurpose millions of tons of waste and reduce environmental impact [9].

WOODS CROSS, Utah, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it has received permission to operate and maintain a Fractionation Facility at the Eagle Springs Refinery in Nevada. This milestone is a key component of the Company's strategic plan to expand the capabilities of its Foreland Refinery. The operational permit fr ...

Unveils Strategic Plans to Capitalize on Emerging Opportunities in California's Evolving Oil MarketWOODS CROSS, Utah, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or “Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, released a letter to shareholders from Sky Quarry management. The letter provides insights into the Company’s performance, key achievements of 2024, and its strategic focus as it navigat ...

WOODS CROSS, Utah, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has partnered with Zacks Small-Cap Research to release a new research report titled Developing a New Approach to Recycling Waste Asphalt Shingles. This partnership with Zacks marks a key step in expanding awareness of Sky Quarry’s business and advancing its mission to transform th ...

Began Trading on NASDAQ Under Ticker Symbol ‘SKYQ’ Closed $6.7 Million Public Offering WOODS CROSS, Utah, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry " or the "Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has reported its financial and operational results for the third quarter ended September 30, 2024. Key Financial and Operational Highlights Q3 2024 Revenue of $4.8 million and $19.2 million for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------|------------|-------|-------------------------|----------------------------- ...

Core Insights - Sky Quarry Inc. is constructing its first Waste Asphalt Shingle Modular Facility, which is currently 80% complete, aimed at transforming the waste asphalt shingle recycling industry in the U.S. [1][2] Company Overview - Sky Quarry Inc. focuses on integrated energy solutions, particularly in recycling waste asphalt shingles and environmental remediation [5]. - The company aims to repurpose millions of tons of asphalt shingle waste, contributing to improved waste management and resource efficiency [5]. Facility Details - The completion of the first modular facility will mark a significant milestone in converting millions of tons of waste shingles into reusable resources, with operations expected to start in 2025 [2]. - Each modular facility is designed to process up to 100,000 tons of asphalt shingle feedstock annually, contributing to the recycling of over 15 million tons of waste asphalt shingles generated in the U.S. each year [3]. Strategic Importance - The modular facilities are part of a nationwide network intended to intercept waste at the source, addressing a major waste challenge in the U.S. construction industry [3]. - The initiative aligns with recent regulatory updates that mandate the diversion of construction waste from landfills, positioning the company to provide sustainable solutions [4]. Market Potential - By recycling waste asphalt shingles, Sky Quarry is poised to unlock an energy potential of over 22 million barrels annually, representing a significant opportunity for sustainable resource recovery [3].