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, 2024Duration:
Approximately One HourCost/Fees: Free of
ChargeRegistration: 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 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/cbe1f79f-6021-4d85-a19d-8815217cb7f6
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