Zefiro Methane Stock Price, News & Analysis

Zefiro Methane Corp. (ZEFIF) has announced the completion of a significant transaction involving its subsidiary, Plants & Goodwin, Inc. (P&G). The deal, previously announced on August 6, 2024, involves the acquisition of the remaining common shares of P&G from Luke Plants in exchange for newly issued preferred stock in P&G.

Key details of the transaction include:

• Zefiro Methane Holding now owns 100% of P&G's common shares
• Luke Plants receives approximately 7.01 million Series A Convertible Preferred Shares of P&G
• The preferred shares have a US$1.00 per share initial liquidation preference and a 10% per annum dividend
• The preferred shares are redeemable under certain conditions and will automatically convert at US$1.20 per share upon a qualified public offering

This recapitalization strengthens Zefiro's position in P&G and aligns the interests of key stakeholders.

Zefiro Methane Corp. (ZEFIF) announced record financial results for FYE 2024, with consolidated revenues of $32.8 million USD and positive adjusted EBITDA. The company reported a 10% increase in Q4 revenue to $9.4 million USD, with a gross profit of $2.9 million USD (31% margin). Zefiro's growth strategy includes:

1) Originating and distributing carbon offsets from methane reduction
2) Expanding into new U.S. geographies
3) Participating in federal and state infrastructure funds for well plugging
4) Evaluating new products and partnerships
5) Pursuing global expansion

The company completed strategic acquisitions and partnerships to enhance its capabilities in well remediation and carbon offset marketplace accessibility. Zefiro also launched its IPO on Cboe Canada and began trading on Frankfurt and OTCQB exchanges.

Zefiro Methane Corp. (ZEFI) has appointed Richard Walker as Chief Technology Officer. With over 30 years of experience in enterprise technology strategy, Walker will integrate innovative solutions, including artificial intelligence, into Zefiro's environmental remediation and carbon markets divisions. His role involves launching enterprise technology initiatives and integrating AI-powered tools within Zefiro's digital verification network ecosystem and carbon offset marketplace partnerships.

Walker's extensive experience includes senior roles at Bain & Company, Deloitte, IBM, and BearingPoint. At Bain, he assisted global financial institutions in digital transformation, cloud migration, and IT modernization. He also co-led the firm's Web3 practice, focusing on blockchain and digital asset solutions. At Deloitte, he led blockchain and digital assets strategies for the Financial Services practice.

Zefiro's CEO, Talal Debs, emphasized the importance of digital asset and information strategies in gaining an edge in environmental remediation services, highlighting Walker's expertise as critical to accelerating Zefiro's commercial momentum.

Zefiro Methane Corp. (ZEFIF) has announced its participation in NYC Climate Week 2024, scheduled from September 22nd to 29th. Key executives, including CEO Talal Debs, CFO Mohit Gupta, and CCO Tina Reine, will attend various high-profile events. The company's engagements include:

1. A Zefiro-sponsored breakfast at Xpansiv's Climate Week Summit on September 23rd.

2. CEO Talal Debs participating in a panel discussion at the International Emissions Trading Association North America Climate Summit on September 23rd.

These appearances aim to showcase Zefiro's latest business developments and connect with influential figures in the environmental remediation sector. The company's involvement reflects its growth since NYC Climate Week 2023, including going public, making strategic acquisitions, and expanding its carbon market and oilfield services divisions.

Zefiro Methane Corp. (ZEFIF) has partnered with Fiùtur to create the 'Zefiro Lifecycle Solution', set to launch in Q4 2024. This collaboration aims to digitize Zefiro's operations, enhancing transparency in environmental markets. The solution will utilize Fiùtur's SMART Data Governance Framework to address challenges in voluntary carbon markets.

Key aspects include:

• Digital data collection from field operations
• Transparent quantification of emissions removal data
• Advanced analytics for targeting leaking wells
• Interoperability with emerging network tools

Zefiro has also invested in Fiùtur's Series A round, demonstrating commitment to the partnership. Additionally, Zefiro has retained CDMG for a two-month advertising and marketing contract worth USD $300,000.

Zefiro Methane Corp's subsidiary, Plants & Goodwin, has completed Pennsylvania's first Bipartisan Infrastructure Law-funded well remediation project. The project involved plugging 15 orphaned oil and gas wells in Otto Township, some located near residential areas. This achievement is part of a $4.7 billion federal initiative to address the 3.7 million abandoned wells across the U.S., which pose potential methane leak risks.

The project showcased Zefiro's expertise in handling complex environmental remediation, dealing with poor site records and safety issues in residential areas. This success follows other publicly funded assignments, including work at Cuyahoga Valley National Park and New York's first orphan well plugging operation using Bipartisan Infrastructure Law funding.

Plants & Goodwin Inc. (P&G), a subsidiary of Zefiro Methane Corp. (ZEFIF), has acquired a minority stake in Winterhawk Well Abandonment and secured an exclusive U.S. patent license for their innovative casing expansion technology. This strategic move positions P&G as the sole company able to utilize Winterhawk's 'Casing Expansion Tool' in the United States, with the ability to sublicense it to other entities.

Winterhawk's technology is designed to seal methane leaks in oil and gas wells more effectively than conventional methods, potentially reducing costs and environmental impact. The acquisition and licensing agreement aim to enhance Zefiro's capabilities in addressing harmful emissions and delivering high-quality services in well decommissioning projects across the country.

Zefiro Methane Corp (ZEFIF) announced that its subsidiary, Plants & Goodwin, Inc. (P&G), has signed a definitive agreement to acquire the remaining common shares from P&G's CEO, Luke Plants. The transaction involves exchanging newly issued preferred stock in P&G for the common shares, with no cash component. Since Zefiro's initial 75% acquisition in May 2023, P&G has increased revenues by 50%, achieved record profitability, and expanded its workforce by over 60 employees.

Key developments include acquiring a wireline services company in Ohio and opening a new facility in West Virginia. Luke Plants has been promoted to CEO of Zefiro Services and Executive VP of Business Development. The transaction aims to enhance Zefiro's capacity to generate high-quality carbon credits and expand its methane abatement services across North America.

Zefiro Methane Corp. (ZEFIF) has granted 2,950,000 incentive stock options to its officers, directors, and consultants. These options have an exercise price of $1.68 per share and will expire in five years from the grant date. The vesting schedule is structured in 25% increments, starting 18 months after the grant date and continuing every three months thereafter. This grant aligns with the company's stock option plan and complies with Cboe Canada exchange policies.