FORT LAUDERDALE, Fla., Jan. 09, 2025 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”), an environmental services company specializing in methane abatement operations, today announced the release of the Company’s updated corporate presentation. The presentation, which is available to view on the Company’s website, highlights both Zefiro’s most recent corporate milestones that have increased the Company’s profitability and unique commercial approach toward forging the energy sector’s leading environmental remediation services provider.
Specifically, the updated presentation details Zefiro’s:
- Increasing sales and increased profitability since its initial public offering on the Cboe Canada, Inc. stock exchange;
- Market-setting carbon offset presale transactions with leading institutional investors, including Mercuria Energy America, LLC and EDF Trading;
- Strategic acquisitions of companies and technological capabilities tailored to expand the Company’s sector-leading product offerings;
- Technology-focused partnerships to provide increased access to Zefiro’s array of services for intermediaries throughout the world; and
- Expansion of field operations and corporate activities in key markets across North America, including the south-central United States and Alberta, Canada.
Zefiro’s prioritization of continued, sustainable commercial growth is in service of scaling operations in a manner that can help more communities across North America confront the proliferation of potentially toxic orphaned oil and gas wells. According to the latest expert estimates, there are millions of unplugged oil and gas wells spread throughout the U.S. These sites can leak methane gas that can be 25 to 85 times as potent as carbon dioxide emissions in terms of trapping heat in the atmosphere, and numerous energy sector analysts have projected that the final cost to permanently seal just the U.S.-based sites could be up to $435 billion.
(Pictured above) A summary of Zefiro Methane Corp.’s updated corporate presentation as currently presented on the Company’s website.
Readers using news aggregation services may be unable to view the link provided above. Please access SEDAR+ or the Investors section of the Company’s website for a version of this press release containing links and media.
Zefiro Founder and Chief Executive Officer Talal Debs commented, “From day one, Zefiro’s mission statement has been centered upon establishing a new, forward-thinking approach toward confronting one of the world’s most pressing methane emissions issues. We have remained laser-focused on putting our team of well remediation and carbon market specialists in the best possible position for success, and this updated presentation is an important vehicle to share our organizational vision with new swaths of potential investors and partners in the months ahead.”
Zefiro Chief Financial Officer Mohit Gupta commented, “As our team continues finding new pathways toward forging the methane abatement sector’s leading comprehensive service provider, it is critical that we can effectively highlight their successes and Zefiro’s organizational purpose with key stakeholders. Our expert team executing a unique operational blueprint has been central to our accelerating commercial momentum, and we remain firmly committed to sharing this success story with key audiences throughout the global marketplace.”
About Zefiro Methane Corp.
Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key commercial force towards Active Sustainability. Leveraging decades of operational expertise, Zefiro is building a new toolkit to clean up air, land, and water sources directly impacted by methane leaks. The Company has built a fully integrated ground operation driven by an innovative monetization solution for the emerging methane abatement marketplace. As an originator of high-quality U.S.-based methane offsets, Zefiro aims to generate long-term economic, environmental, and social returns.
On behalf of the Board of Directors of the Company,
ZEFIRO METHANE CORP.
“Talal Debs”
Talal Debs, Founder & CEO
For further information, please contact:
Zefiro Investor Relations
1 (800) 274-ZEFI (274-9334)
investor@zefiromethane.com
For media inquiries, please contact:
Rich Myers – Profile Advisors (New York)
media@zefiromethane.com
+1 (347) 774-1125
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “seeks”, “believes”, “plans”, “expects”, “intends”, “estimates”, “anticipates” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. In particular, this news release contains forward-looking information including statements regarding: the Company’s intention to reduce emissions from end-of-life oil and gas wells and eliminate methane gas; the Company’s partnerships with industry operators, state agencies, and federal governments; the Company’s expectations for continued increases in revenues and EBITDA growth as a result of these partnerships; the Company’s intentions to build out its presence in the United States; the anticipated federal funding for orphaned well site plugging, remediation and restoring activities; the Company’s expectations to become a growing environmental services company; the Company’s ability to provide institutional and retail investors alike with the opportunity to join the Active Sustainability movement; the Company’s ability to generate long-term economic, environmental, and social returns; and other statements regarding the Company’s business and the industry in which the Company operates. The forward-looking information reflects management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: (i) adverse general market and economic conditions; (ii) changes to and price and volume volatility in the carbon market; (iii) changes to the regulatory landscape and global policies applicable to the Company’s business; (iv) failure to obtain all necessary regulatory approvals; and (v) other risk factors set forth in its Prospectus dated April 8, 2024 under the heading “Risk Factors”. The Company operates in a rapidly evolving environment where technologies are in the early stage of adoption. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The forward-looking information included in this news release is made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.
Statement Regarding Third-Party Investor Relations Firms
Disclosures relating to investor relations firms retained by Zefiro Methane Corp. can be found under the Company’s profile on SEDAR+ at www.sedarplus.ca/.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cec8874c-e4e2-4e11-b43a-b265a5c4aeb0
