FORT LAUDERDALE, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP.’s (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) Founder and Chief Executive Officer Dr. Talal Debs participated in a live broadcasted interview on Yahoo! Finance that was aired aftermarket hours on Friday, October 25, 2024. The segment, entitled “Carbon credits: How retail traders can invest in this market,” was conducted by Akiko Fujita and Julie Hyman and is the latest in a series of high-profile media appearances and placements featuring members of Zefiro’s senior leadership team.
During the interview, Dr. Debs outlined how Zefiro modeled its operations that permanently seal orphaned oil and gas wells throughout the United States to meet institutional traders’ increasing demand for high-quality carbon offsets. This demand coincides with the latest expert estimates projecting that there are millions of unplugged oil and gas wells spread out across 26 different U.S. states, with an unknown number of these sites leaking potentially toxic methane emissions. The Environmental Protection Agency has indicated that methane emissions are at least 28 times more potent than carbon dioxide in terms of trapping heat in the atmosphere, and unplugged wells that leak methane have been found to seriously threaten the environmental well-being of their surroundings, including public spaces, private properties, and local farmland.
Dr. Debs also highlighted how retail investors can participate in this rapidly evolving corner of the voluntary carbon marketplace through investment in the ZEFI stock, which is traded on the CBOE Canada, Inc. exchange, the Frankfurt Stock Exchange, and the OTCQB market. In addition to these unique investment opportunities, Dr. Debs also referenced the landmark, methane abatement-based offset marketplace-setting pre-sales of institutional-grade credits that the Company completed with Mercuria Energy America LLC and EDF Trading, respectively.
The interview can be viewed in its entirety through the following link: https://finance.yahoo.com/video/carbon-credits-retail-traders-invest-220325415.html
Last Friday, Zefiro Founder and CEO Talal Debs was interviewed on a live Yahoo! Finance broadcast by Julie Hyman (left) and Akiko Fujita (right). A replay of the interview can be viewed by clicking here.
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Zefiro Founder and Chief Executive Officer Dr. Talal Debs commented, “For almost two decades, I have been fascinated by the potential of the international voluntary carbon marketplace. Our team of experts has put together what I think are the sector’s highest quality carbon credits from the abatement of orphan well methane leaks. I look forward to reaching new audiences who want to use this opportunity to confront these pressing environmental and public health issues.”
Reporters/Media: For any questions or to arrange an interview, please contact Rich Myers of Profile Advisors (New York City) by email at [email protected] 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 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/73ea147f-0947-433c-ba19-4ba6747acfba
