Sky Quarry Inc. Launches Reg A Offering Ahead of Nasdaq Listing
TL;DR
Investors can join Sky Quarry's Reg A investment round ahead of their planned Nasdaq listing, offering potential for financial gains.
Sky Quarry has developed a patented process to transform waste asphalt shingles into sustainable fuels and marketable materials, capitalizing on low-cost commodity and global shift towards eco-friendly solutions.
Sky Quarry's waste-to-energy mission aims to repurpose millions of tons of asphalt shingle waste, contributing to improved waste management, resource efficiency, and reduced environmental impact.
Sky Quarry's innovative approach to energy recovery from waste asphalt shingles offers 7 potential revenue streams, addressing a significant environmental challenge and promoting sustainable solutions.
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Sky Quarry Inc. ("Sky Quarry," "SQI," or the "Company"), an integrated energy solutions company, has announced the launch of its Regulation A (Reg A) investment round, preceding its planned Nasdaq listing under the ticker 'SKYQ'.
Sky Quarry aims to tackle the environmental challenge posed by the disposal of waste asphalt shingles ("WAS"). With nearly 6 million homes reroofed annually in the USA, about 15 million tons of asphalt shingles end up in landfills, representing a significant waste of resources. The Company has developed a patented process to convert this waste into sustainable fuels and other marketable materials, offering a total of seven potential revenue streams.
The markets addressable by Sky Quarry's innovative solutions are projected to be worth $25 billion by 2035. This Reg A round provides investors the opportunity to participate in the Company's growth as it scales its operations.
As part of its expansion strategy, Sky Quarry has acquired two significant processing facilities: an oil extraction facility in Utah with substantial hydrocarbon resources and a 5,000 barrel-a-day oil refinery in Nevada. In 2023, the Nevada refinery generated over $50 million in revenue. The flagship extraction facility, set to be operational in 2025, is designed to produce up to 2,000 barrels of sustainable oil daily.
David Sealock, Chairman, CEO, and Co-founder, stated, "At Sky Quarry, our mission is not only to think differently but to challenge the status quo in both the energy and waste management industries. We provide a simple solution for sustainable energy from a significant waste issue."
This investment opportunity is being offered under Regulation A by Digital Offering, LLC, an SEC-registered broker-dealer, and member of FINRA and SIPC. Investors are advised to carefully review the Offering Circular and its associated risk factors before investing.
The capital raised will support Sky Quarry's expansion efforts and its strategic move towards a Nasdaq listing. With a focus on transforming waste into valuable resources, the Company's initiative offers multiple revenue streams and significant growth potential, making it a noteworthy development in the renewable energy sector.
For more information, visit the offering page and join over 7,000 investors who have already backed Sky Quarry's sustainable mission.
Curated from News Direct
