---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-25-001206"
form_type: "8-K"
ticker: "SKYQ"
cik: "0001812447"
company_name: "Sky Quarry Inc."
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T23:10:17.211713+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sky Quarry subsidiary issues $1M 30% secured note; issues 500k shares and 2M warrants to lender

## Summary
- $1,000,000 secured promissory note issued by Foreland Refining to KF Business Ventures, due Nov 24, 2025 at 30% annual interest.
- Sky Quarry issued 500,000 common shares and warrants to purchase 2,000,000 shares at $0.70/share (5-year term) as additional consideration.
- Note secured by all assets of subsidiary 2020 Resources LLC; Sky Quarry guaranteed the note.
- Company extended all previous KFBV warrants until July 24, 2029.
- At least 60% of proceeds from Reg CF offering must be allocated to note repayment.

## SEC filing metadata
- accession: 0001096906-25-001206
- form_type: 8-K
- ticker: SKYQ
- cik: 0001812447
- company_name: Sky Quarry Inc.
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812447/000109690625001206/0001096906-25-001206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812447/000109690625001206/skyq-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-25-001206
- JSON: https://secwatch.observer/filing/0001096906-25-001206.json
- Plain text: https://secwatch.observer/filing/0001096906-25-001206.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.