Sky Quarry’s Nevada-based refinery launches crowdfunding campaign

Sky Quarry (SKYQ) announced the launch of a crowdfunding offering by its wholly owned subsidiary, Foreland Refining Corporation. Shifting fuel markets across the Western U.S. are creating a unique opportunity for regional producers. Nevada currently imports approximately 86% of its refined fuel, much of it from California, where refinery closures are reshaping long-term supply dynamics. Foreland Refining offers a critical in-state solution, stepping in to meet this growing demand from its strategic base in Railroad Valley. While building out its integrated energy platform, Sky Quarry is also exploring digital asset strategies aimed at improving transparency and efficiency in future capital raises. Though the Foreland crowdfund runs on traditional rails, the Company views its revenue-linked structure as a strong example of the kind of real-world investment that could be adapted to blockchain-based platforms as alternative financial infrastructure evolves. Proceeds from the crowdfund are intended to support targeted upgrades at the refinery to boost production as allowed under current permits, improve operational efficiency, and prepare for future integration of recycled heavy oil recovered from Sky Quarry’s planned asphalt shingle recycling operations in Utah, as well as for debt repayment, working capital, and general corporate purposes. Foreland Refining Corporation’s offering is being conducted pursuant to Regulation Crowdfunding through PicMii Crowdfunding, with securities issued by Foreland Refining Corporation. Potential investors should carefully review the offering materials, including the Form C and related risk disclosures, before investing.