Zefiro’s senior management team answered questions from market participants and provided key details regarding the Company’s recent business strategy updates
FORT LAUDERDALE, Fla., Oct. 18, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) ( ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) an environmental services company specializing in methane abatement operations, held a public investor call to connect several members of the Company’s senior management team with attending market participants. Specifically, Zefiro’s Founder and Chief Executive Officer Talal Debs, Chief Financial Officer Mohit Gupta, and Chief Technology Officer Richard Walker answered questions from members of the public and addressed a variety of topics, including:
- The Company’s advancing sales and revenue momentum since its initial public offering on the Cboe Canada, Inc. stock exchange;
- Recent carbon offset transactions with leading institutional investors, including EDF Trading and Mercuria Energy America, LLC;
- Strategic acquisitions of companies and technologies aimed at bolstering Zefiro’s premier customer service capabilities;
- Technology-focused partnerships to provide increased access to Zefiro’s suite of products for investors across the globe; and
- Prioritization of continued operational expansion in key markets across North America.
A video recording of the investor call (entitled “Investor Update Call-October 11, 2024”) has been made available on the Company’s YouTube channel.
On October 11, 2024, Zefiro hosted an investor call featuring Founder and CEO Talal Debs, Chief Technology Officer Richard Walker, and Chief Financial Officer Mohit Gupta
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 securing landmark carbon offset transactions to the rapid, strategic acquisition-powered territorial expansion of our methane emissions reduction division, our dedicated team has helped propel Zefiro on a profitable pathway to scale. Zefiro’s service-oriented, comprehensive business model has positioned the Company to serve as a market leader for years to come, and we remain focused on delivering sustainable returns for our investors and industry-leading services to our customers.”
Zefiro Chief Financial Officer Mohit Gupta commented, “As more public and private stakeholders across the globe allocate resources toward addressing the proliferation of methane emissions, Zefiro is uniquely positioned to service this rapidly increasing market demand. We are forging a world class organization that prioritizes the quality of our people, processes, and platforms, and Zefiro’s field-tested operational blueprint is already making an outsized impact not only within the environmental remediation sector, but also in long-affected communities throughout the country.”
Zefiro Chief Technology Officer Richard Walker commented, “For too long, the fight against the public health threats posed by harmful methane emissions has been impaired by legacy thinking and approaches. Zefiro’s commitment to deploying the latest technology to produce more meaningful data, plug and retire more wells, and expand access to our high-quality carbon credits is a clear expression of our ironclad commitment to the organizational mission, and we are excited about the ecosystem participants we will be able to invite to become a part our team’s journey.”
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)
[email protected]
For media inquiries, please contact:
Rich Myers - Profile Advisors (New York)
[email protected]
+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/ae451f28-847e-4a65-9998-d52d6df26624
