Sky Quarry Appoints Respected Finance Leader Leo Womack to Board of Directors
January 16 2025 - 7:31AM
Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an
integrated energy solutions company committed to revolutionizing
the waste asphalt shingle recycling industry, today announced the
appointment of respected finance leader Leo Womack to the Company’s
Board of Directors. Mr. Womack will also serve as a member of the
Audit and Nominating Committee and as Chair of the Compensation
Committee.
Leo Womack has been the president and a director
of Gulf Equities Realty Advisors, Inc., a diversified real estate
portfolio management company, since 1986. He also serves as the
chief executive officer of Ramsey Financial Group, a single-family
office managing a diversified portfolio of assets for the Leo B.
Womack Family Trust. Mr. Womack currently serves on the board of
directors of numerous private companies, where he holds varying
positions that include chairman, chairman of the audit committee
and audit committee member. Since 2015, Mr. Womack has served as a
member of the board of directors and as the chairman of the audit
committee of Petrolia Energy Corporation Inc. During his extensive
business career, Mr. Womack has served on the board of directors of
numerous NASDAQ and OTC public companies in the role of chair of
the audit committee. Mr. Womack is licensed as a certified public
accountant, a real estate broker, and previously as a securities
broker and as a member of the National Association of Corporate
Directors. Mr. Womack received a Bachelor of Arts from Texas
A&M University.
“Leo brings a strong background in corporate governance,
accounting, and capital markets, which we believe qualifies him to
serve on our board of directors and adds significant strategic,
business and financial experience," said David Sealock, Chairman
and CEO of Sky Quarry “ He is a respected finance leader who brings
invaluable and highly incremental experience to the company, and on
behalf of the Board of Directors, I would like to welcome him to
the Board. We look forward to his insights and contributions in the
quarters to come as the management team strives to create
sustainable, long-term value for our shareholders.”
Mr. Womack added, “It is truly a privilege to
join Sky Quarry at such an exciting point in its journey to become
a leader in the waste asphalt shingle recycling sector. The
company’s near-term focus on production and sales growth,
deployment of its first modular ASR facility, and strategic plans
to capitalize on emerging opportunities in California's evolving
oil market, position it for continued success in the quarters to
come. I am eager to work closely with Marcus Laun and the Board as
they steward the company along its journey of operational
execution.”
About Sky Quarry Inc.
Sky Quarry Inc. (NASDAQ: SKYQ) and its
subsidiaries are, collectively, an oil production, refining, and a
development-stage environmental remediation company formed to
deploy technologies to facilitate the recycling of waste asphalt
shingles and remediation of oil-saturated sands and soils. Our
waste-to-energy mission is to repurpose and upcycle millions of
tons of asphalt shingle waste, diverting them from landfills. By
doing so, we can contribute to improved waste management, promote
resource efficiency, conserve natural resources, and reduce
environmental impact. For more information, please visit
skyquarry.com.
Forward-Looking Statements
This press release may include “forward-looking
statements.” All statements pertaining to our future financial
and/or operating results, future events, or future developments may
constitute forward-looking statements. The statements may be
identified by words such as "expect," "look forward to,"
"anticipate," "intend," "plan," "believe," "seek," "estimate,"
"will," "project," or words of similar meaning. Such statements are
based on the current expectations and certain assumptions of our
management, of which many are beyond our control. These are subject
to a number of risks, uncertainties, and factors, including but not
limited to those described in our disclosures. Should one or more
of these risks or uncertainties materialize or should underlying
expectations not occur or assumptions prove incorrect, actual
results, performance, or our achievements may (negatively or
positively) vary materially from those described explicitly or
implicitly in the relevant forward-looking statement. We neither
intend, nor assume any obligation, to update or revise these
forward-looking statements in light of developments which differ
from those anticipated. You are urged to carefully review and
consider any cautionary statements and the Company's other
disclosures, including the statements made under the heading "Risk
Factors" and elsewhere in the Company's Form 1-A offering statement
filed with the SEC. Forward-looking statements speak only as of the
date of the document in which they are contained.
Investor RelationsChris
TysonExecutive Vice PresidentMZ Group - MZ North
America949-491-8235SKYQ@mzgroup.uswww.mzgroup.us
Corporate ContactJennifer
StandleyDirector of Investor RelationsIr@skyquarry.com
Company
Websitewww.skyquarry.com
Sky Quarry (NASDAQ:SKYQ)
Historical Stock Chart
From Jan 2025 to Feb 2025
Sky Quarry (NASDAQ:SKYQ)
Historical Stock Chart
From Feb 2024 to Feb 2025