Zefiro Methane Corp. Commences Trading on the Frankfurt Stock Exchange
May 06 2024 - 11:01AM
ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B)
(the “Company”, “Zefiro”, or “ZEFI”) is pleased to
announce that its common shares are now listed on the Frankfurt
Stock Exchange (“FSE”) under the symbol “Y6B”. Zefiro’s shares
officially began trading on the FSE on Thursday, May 2, 2024. This
listing follows Zefiro’s successful Initial Public Offering
(“IPO”), and the Company’s inaugural public listing on the Cboe
Canada, Inc. exchange on April 23, 2024. With listings in Canada
and Germany, Zefiro can now reach a multi-national audience of
investors.
The FSE is the largest out of the seven stock exchanges in
Germany. More information about Zefiro’s listing on the FSE can be
obtained through the following link:
https://www.boerse-frankfurt.de/equity/zefiro-methane-corp
Zefiro Founder and CEO Talal Debs PhD commented, “We anticipate
that Zefiro’s listing on the FSE can further strengthen liquidity,
while also giving European investors the opportunity to become
shareholders in the Company. The Active Sustainability philosophy
which defines Zefiro as an organization is very much a ‘global’
concept. Although only a small percentage of methane emissions
originate in Europe, investors in this region have shown interest
in Zefiro as a fully integrated environmental services company in
the United States, where we are already making a difference… both
in terms of ground-level developments, and generating a robust
supply of high-quality offsets to satisfy a persisting worldwide
demand. On behalf of our management team, we are thrilled to have
Zefiro listed on yet another exchange, and we are excited to
continue driving value for our shareholders.”
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 the Prospectus 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/.
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