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Sky Quarry Inc. entered into a Conversion and Exchange Agreement with Libertas Funding LLC to convert $3,985,000 in…

SKYQSky Quarry Inc.

Sky Quarry Inc. entered into a Conversion and Exchange Agreement with Libertas Funding LLC to convert $3,985,000 in merchant cash advance obligations into a single $3,985,000 promissory note bearing 8% annual interest. Interim CEO Marcus Laun provided a personal guarantee for the note, which the company will indemnify and reimburse. Sky Quarry Inc. operates in the energy and refining sector.

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