Zefiro Methane Corp. SVP to Lead Carbon Credit-Focused Webinar Hosted by Penn State University

FORT LAUDERDALE, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced that its Senior Vice President of Corporate Development Luke Plants will be leading a free public webinar hosted by Penn State University today at noon EST. During the webinar, entitled “Carbon Avoidance Credits in Oil and Gas Well Plugging,” Mr. Plants will underscore the Company’s industry-leading efforts to produce high-quality, American Carbon Registry-approved carbon offset products via their nationwide portfolio of oil and gas well plugging projects. The webinar is free to join, and the list of expected attendees includes landowners, capital markets participants, and government officials.

Mr. Plants represents the third generation of family leadership of Plants & Goodwin, Inc. (“P&G”), a plug and abandonment services firm based in Bradford, Pennsylvania that was acquired by the Company in 2023. The webinar is the latest in a series of notable public appearances and media placements for Mr. Plants, which includes featuring on BBC News’ Future Earth series and serving as a keynote speaker at the American Association of Petroleum Geologists’ “Orphan, Abandoned, Idle, and Marginal Wells” conference earlier this year.

Information on the webinar can be found below:

Date and Time: Noon Eastern Today, December 12, 2024
Duration: Approximately One Hour
Cost/Fees: Free of Charge
Registration: Advance registration is required and can be done through this link

A link to the recorded webinar will be emailed to registrants within ten business days after the live event. The recording will be accessible for six months from the event date.

Today, Zefiro SVP of Corporate Development Luke Plants will be leading the “Carbon Avoidance Credits in Oil and Gas Well Plugging” webinar hosted by Penn State University

Readers using news aggregation services may be unable to view the media above. Please access SEDAR+ or the Investors section of the Company’s website for a version of this press release containing all published media.

Zefiro SVP of Corporate Development Luke Plants commented, “With public and private sector stakeholders across the globe seeking new, innovative ways to address complex environmental remediation challenges, there is an increasing need for the revenue sources that only high-quality, direct impact carbon offset credits can provide. Our emphasis on expanding our plugging and carbon markets operations have placed Zefiro in a unique position to address this increasing demand, and I look forward to connecting with investors, colleagues, and students about our collective capacity to help more of our communities address this legacy issue.”

Reporters/Media: For any questions or to arrange an interview, 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 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/cbe1f79f-6021-4d85-a19d-8815217cb7f6