Jul. 2 at 7:20 PM
$SKYQ New 8k out. Looks like they are cleaning up some of the balance sheet.
This is an 8-K from Sky Quarry Inc. (SKYQ), dated June 29, 2026, filed July 2, 2026. Here's the gist:
What happened: Sky Quarry, along with subsidiaries Foreland Refining Corporation and 2020 Resources LLC, restructured its debt with Libertas Funding LLC, a merchant cash advance (MCA) lender.
The deal:
The company had
$3,985,000 in outstanding MCA obligations across four separate receivables-sale agreements with Libertas (dated Oct 2023 through Feb 2024, labeled Libertas #4–#7).
Under a new Conversion and Exchange Agreement, all four of those obligations were cancelled and consolidated into a single promissory note for the same
$3,985,000 principal.
Libertas released all claims tied to the old agreements.
Good news!