FORT LAUDERDALE, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (the “Company”, “Zefiro”, or “ZEFI”) is pleased to announce that its Chief Commercial Officer (“CCO”) Tina Reine spoke on a panel last week at the Argus Europe Carbon Conference in Nice, France. As detailed in Zefiro’s press release announcing its appointment of Tina Reine as CCO, Ms. Reine has been a key player in the development of the global carbon markets in roles with J.P. Morgan, Cantor Fitzgerald, NextEra Energy, and World Kinect Energy Services. Tina Reine has led the way with the execution of several of Zefiro’s notable accomplishments, including a pre-sale of certified carbon credits to Mercuria Energy America, LLC and the listing of its first two methane abatement projects with the ACRcarbon registry. Ms. Reine also presented with Zefiro Founder and Chief Executive Officer Talal Debs at Zefiro’s event in the “Blue Zone” of the COP28 conference in Dubai.

Headquartered in London, Argus is the leading independent provider of market intelligence to the global energy and commodity markets. Argus provides essential price assessments, news, analytics, consulting services, data science tools, and industry conferences held in regions to include the Americas, Europe, Asia, and the Middle East. Held from May 21 to May 23 this year, the Argus Europe Carbon Conference had several prominent industry players in attendance, from organizations including ABN AMRO Bank, Chevron, ExxonMobil, Shell, and Standard Chartered.

At the Argus Europe Carbon Conference, Tina Reine spoke on the “Women in Carbon” panel along with the following panel members:

Aisha Rodriguez: Manager, Markets & Standards, VCMI
Paulina Rakowska: Senior Originator, EDF Trading
Mathilde Mignot: Group Director, Nature & Technology based Solutions, Ecoact

May 23, 2024: The members of the “Women in Carbon” panel at the Argus Europe Carbon Conference are pictured at the event, including Zefiro Chief Commercial Officer Tina Reine (second from right).

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Zefiro Chief Commercial Officer Tina Reine commented, “I am very grateful to have been selected to speak on the first-ever Women in Carbon panel at the Argus Europe Carbon Conference. Argus’ events have long attracted the ‘Who’s Who’ of the energy and commodities spaces, and it was wonderful to have had the opportunity to speak in front of a distinguished audience of industry figures from around the globe. This was also an excellent setting in which to make business connections for Zefiro, as we continue to commercialize our growing portfolio of U.S.-originated offsets from verified methane emission reduction projects.”

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/c2404c00-a7df-4cfc-9893-b584379a70ab