ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B)
(OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today
announced the appointment of Richard Walker as Chief Technology
Officer. In this role, Mr. Walker will launch and organize a
variety of enterprise technology initiatives, including integrating
artificial intelligence (“AI”)-powered tools within Zefiro’s
current digital verification network ecosystem and carbon offset
marketplace partnerships, to help advance the growth of the
Company’s innovative methane reduction projects and carbon credit
portfolios.
Mr. Walker has over thirty years of experience in commercial
information technology strategy, most recently as a senior partner
in Bain & Company’s Financial Services and Enterprise
Technology practices. Mr. Walker has also held senior executive
roles with Deloitte, IBM, and BearingPoint.
Pictured above, Richard Walker has been appointed
Chief Technology Officer of Zefiro Methane Corp.
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Zefiro Founder and Chief Executive Officer Talal Debs commented,
“Now more than ever, forging bespoke digital asset and information
strategies is critical to gaining an edge in environmental
remediation services. Richard Walker has decades of experience
harnessing the latest advancements in enterprise technology to help
bolster countless profitable initiatives for leading investment,
management consulting, and industrial research institutions, and
his rare expertise will be critical to accelerating Zefiro’s
commercial momentum.”
Richard Walker commented, “From building crypto-based payment
systems to establishing cutting-edge information delivery channels,
I have always sought leadership roles that have challenged my
colleagues and I to advance key projects via the implementation of
game-changing technologies. Zefiro’s comprehensive commercial
blueprint addresses long-standing environmental remediation sector
gaps, and I cannot wait to do my part to help ensure that my new
teammates – whether they are plugging toxic oil and gas wells
across the country or establishing a vibrant, global marketplace
for methane abatement project-backed carbon credit offerings – can
access critical tools like AI to continue pushing this Company
forward. I am excited to share more about our unique, tech-powered
solutions in the coming weeks.”
As part of his responsibilities in Bain & Company’s
enterprise technology operations, Mr. Walker assisted global and
regional banks, hedge funds, and digital payments and asset
companies in their efforts to bolster digital transformation
strategies, fortify technological architecture, solidify cloud
migration services, and modernize IT operating models. Mr. Walker
also co-led the firm’s go-to-market practice for Web3 within the
financial services division, which prioritized leveraging various
blockchain, tokenization, and digital identity solutions to help
transform clients’ digital asset infrastructure. Prior to his
tenure at Bain & Company, Mr. Walker served as a Principal at
Deloitte for over twelve years, helping lead blockchain and digital
assets for the firm’s Financial Services practice and crafting
technology and operations strategies for banking and securities
industry clients. Mr. Walker also previously served as IBM’s Head
of IT Strategy for Financial Services and as a Managing Director at
BearingPoint specializing in technology consulting for United
Kingdom-based financial services sector clients.
Reporters/Media: For any questions or to
arrange an interview with Talal Debs or Richard Walker, 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 at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9953d0b2-4163-4414-b122-b93ab0ed5dac
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