Sky Quarry Inc. Issues Clarification Regarding New CUSIP Following 1-for-8 Reverse Stock Split

WOODS CROSS, UT / / March 13, 2026 / Sky Quarry Inc. ("Sky Quarry" or the "Company") (Nasdaq Capital Market:SKYQ), an integrated energy solutions company transforming the waste recycling industry, today issued this press release to clarify the new CUSIP number for the Company's shares of Common Stock, par value $0.0001 per share (the "Common Stock"), following the previously announced 1-for-8 reverse stock split (the "Reverse Stock Split").

As previously announced on March 5, 2026, the Company's Board of Directors approved the Reverse Stock Split, which became effective at 11:59 p.m. Eastern Time on March 15, 2026, with the Company's Common Stock trading on the Nasdaq Capital Market on a split-adjusted basis beginning March 16, 2026, under the existing ticker symbol "SKYQ".

The Company's press release dated March 5, 2026 announcing the Reverse Stock Split inadvertently stated that the new CUSIP number for the Common Stock following the Reverse Stock Split would be 83087C204. The Company wishes to clarify that the correct new CUSIP number for the Common Stock following the Reverse Stock Split is 83087C303. All other information in the original press release remains unchanged.

About Sky Quarry Inc.

Sky Quarry Inc. is an integrated energy solutions company transforming the waste recycling industry. The Company is headquartered in Woods Cross, Utah. For more information, please visit the Company's website.

Investor and Media Contacts

Sky Quarry Inc.
Jennifer Standley
Director of Investor Relations
[email protected]
www.skyquarry.com

SOURCE: Sky Quarry