ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B)
(OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today
announced the commencement of trading of company shares on the OTC
Venture Market (“OTCQB”) under the symbol ZEFIF. The U.S.-based
marketplace is operated by the OTC Markets Group and provides
listed companies access to a U.S. investor base, including U.S.
institutional investors, as well as additional pathways to
increased liquidity and potential high-quality analyst coverage.
Investors can find updated quotes and other market data for Zefiro
directly on https://www.otcmarkets.com/.
In April 2024, Zefiro completed its Initial Public Offering
(“IPO”) on the Cboe Canada, Inc. exchange under the symbol “ZEFI”.
Subsequently, Zefiro launched its Frankfurt Stock Exchange (“FSE”)
listing under the symbol “Y6B” on May 6, 2024.
Last week, Benzinga, a leading financial services sector-focused
media outlet, published an article regarding Zefiro’s commercial
journey and its recent initiatives. Specifically, the magnitude of
the methane leak crisis in the U.S. is highlighted, as well as
Zefiro’s ongoing initiatives to remediate scores of these
potentially harmful sites and originate a vast carbon credit
portfolio (portions of which have been pre-sold to Mercuria Energy
America LLC and EDF Trading, respectively) from these in-house
methane abatement operations.
The Benzinga article can be accessed through the following link:
https://www.benzinga.com/partner/markets/24/07/39709687/inside-zefiros-plan-to-transform-americas-methane-menace-into-eco-friendly-profits
Shortly before Zefiro’s OTCQB listing, a Benzinga
article was published profiling the Company and its early-stage
success with environmental remediation projects in the United
States.
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Company’s website for a version of this press release containing
all published media.
“Zefiro’s third public listing in under three months is a
testament to our ability to expand critical field operations,
generate high-quality carbon offsets, and deliver integrated
solutions,” said Talal Debs, Founder and Chief
Executive Officer, Zefiro Methane Corp. “Our expert
team’s dedication has helped solidify Zefiro’s hard-earned position
as an environmental services market leader, and I am confident that
our innovative approach to addressing one of the country’s most
pressing public health issues will allow the Company to continue
forging new partnerships and scaling our commercial footprint in
key markets across the United States.”
Reporters/Media: For any questions or to
arrange an interview with Dr. Debs, please contact Rich Myers of
Profile Advisors (New York City) by email at
media@zefiromethane.com or by telephone at +1 (347) 774-1125.
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 Relations1 (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
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/98b6df84-9cbd-4c7e-ad7a-48d3e24812c6
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