Cboe Canada: ZEFI $1.67 -0.01
| FRA: Y6B €1.28 0.23
Cboe Canada: ZEFI $1.67 -0.01
| FRA: Y6B €1.28 0.23

News

BBC News Features Zefiro Subsidiary Plants & Goodwin in an Episode of "Future Earth"

Hosted by BBC News Anchor Carl Nasman, “Future Earth” is a series exploring the most important conversations around sustainability and climate change. Luke Plants, who is CEO of Zefiro subsidiary Plants & Goodwin (“P&G”), is featured in the third episode of Future Earth, with first-hand reporting by Carl Nasman at a P&G job site in Upstate New York.

FORT LAUDERDALE, Fla., July 04, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (the “Company”, “Zefiro”, or “ZEFI”) is pleased to announce that its subsidiary Plants & Goodwin, Inc. (“P&G”) has been featured in an episode of Future Earth , a new informational series by the British broadcasting conglomerate BBC, through its BBC News arm. In this third episode of the Future Earth series, BBC News Anchor Carl Nasman explores some of the challenges around energy transition, including orphaned and abandoned well sites in the United States which could potentially be leaking methane.

Nasman was reporting in-person from a remediation job site in Upstate New York with P&G personnel including Project Manager Josh Sandberg and CEO Luke Plants, who were both interviewed on camera. Mr. Plants explained the importance of scaling up P&G’s operating bandwidth to address the issue of methane leaks. Former BBC Science Editor David Shukman then gave additional insights to build upon Mr. Plants’ remarks, particularly with respect to how stopping methane leaks can expedite broader environmental remediation efforts at a global scale.

The full episode where P&G is featured can be viewed through the following links:

BBC iPlayer (U.K. Only): https://www.bbc.co.uk/iplayer/episode/m001sr6p/future-earth-3-episode-three

YouTube: https://www.youtube.com/watch?v=gLvkWpnzba8

P&G CEO Luke Plants was featured in the third episode of the BBC News series “Future Earth”, where he explains the importance of decommissioning sites of potential methane leaks, which are highly concentrated in regions such as Upstate New York

P&G CEO Luke Plants was featured in the third episode of the BBC News series “Future Earth”, where he explains the importance of decommissioning sites of potential methane leaks, which are highly concentrated in regions such as Upstate New York


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 Founder and CEO Talal Debs commented, “The methane leak crisis in the United States has gained considerable attention in the past couple of years, and we are glad to see that major worldwide news outlets such as the BBC are doing in-depth reporting on the subject. We are very grateful that Carl Nasman traveled to the United States to film at one of our job sites and interview P&G team members. Zefiro is uniquely positioned as a key actor in curbing methane emissions in the United States, and we are honored to have been recognized for the work we are doing in making our homes and neighborhoods safer for all Americans.”

Luke Plants, who is CEO of P&G and Senior Vice President of Business Development for Zefiro commented, “It was a pleasure to work with BBC News Anchor Carl Nasman, who I feel did an excellent reporting job for this episode of Future Earth . As efforts to reduce methane emissions in the United States continue to ramp up, businesses like ours play an increasingly important role in carrying out remediation efforts, in addition to educating the public on what actually happens at the job site level.”

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/44e38d03-e824-4c8d-978b-a7804a00bbc6



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