ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or
“ZEFI”) is pleased to announce that its Founder and CEO
Talal Debs PhD was recently interviewed on the Smarter Markets
podcast. In this episode, Dr. Debs discussed the global methane
emissions crisis, as well as his mission and vision behind Zefiro
as a fully integrated environmental services company. He explained
that Zefiro is already applying its “Active Sustainability”
philosophy to addressing the problem throughout the United States
in areas such as the Appalachian region and Oklahoma. Under the
recently introduced Bipartisan Infrastructure Law in the U.S.,
there is USD $4.7 billion in federal funding allocated for
remediating some of the leading causes of this issue.
Zefiro recently announced the filing of its final prospectus for
an initial public offering (“IPO”), and its common shares are
presently set to begin trading on the Cboe Canada, Inc. (“Cboe
Canada”) exchange on Tuesday, April 23, 2024.
Zefiro Founder and CEO Talal Debs PhD was
interviewed by Smarter Markets podcast host David Greely earlier in
April 2024. The full 36-minute episode can be accessed through this
link or by searching for “Smarter Markets” on several leading
podcast platforms and apps.
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During the podcast, Dr. Debs provided a background on his career
in banking to include his early-stage exposure to the carbon
markets when he helped to set up J.P. Morgan’s first voluntary
carbon offset trading capability just before the 2008 financial
crisis. The interview then pivoted into the formation of Zefiro,
where Dr. Debs explained the Company’s strategy of reinvesting
proceeds from asset retirement projects into scaling Zefiro’s
operations in the United States, where there are presently more
methane leaks than there is capacity to plug them. Dr. Debs then
went on to detail how the introduction of new methodology in the
carbon markets allows entities such as Zefiro to originate offsets
based on plugging projects, providing a new channel for financing
remediation of methane emissions.
Smarter Markets is a media platform owned and operated by Abaxx
Technologies Inc. (“Abaxx”), with a podcast in which Abaxx Chief
Economist David Greely facilitates conversations with
entrepreneurs, icons, and executives in commodities, capital
markets, and technology on the topic of social challenges that can
be addressed through improved markets.
The podcast episode featuring Talal Debs can be accessed on the
Smarter Markets website through this link. The podcast is also
available on several popular platforms including those listed
below:
Spotify (Click Here)
Apple Podcasts (Click Here)
YouTube (Click Here)
“I am very grateful to have had the opportunity to appear on the
Smarter Markets podcast. With Zefiro’s imminent listing on the Cboe
Canada exchange I believe it is very important to put our nuanced
way of ‘Thinking Big’ into the format of an engaging dialogue in
which the public can gain an understanding of what Zefiro is all
about” said Talal Debs PhD, Founder and Chief Executive Officer of
Zefiro. “In the simplest sense, Zefiro is trying to build an
on-ramp for new capital to solve the methane problem right here in
the United States, which is where a large percentage of global
methane emissions are coming from. The voluntary markets are
playing an increasingly important role in terms of attracting this
capital, and Zefiro’s management team has been involved in this
space since it first started to take off in the mid-2000s. I am
appreciative of all the excellent feedback I have gotten from
industry players, academics, and investors alike regarding this
interview, and I encourage those who are part of or interested in
the carbon markets to listen to this episode of the Smarter Markets
podcast.”
On behalf of the Board of Directors of the Company,
ZEFIRO METHANE CORP.
“Talal Debs”
Talal Debs, Founder and 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(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.
Forward-Looking Statements
This press 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.
Forward-looking information in this press release includes
statements regarding the Company, the Company’s business, the
industry in which the Company operates, the Company’s
opportunities, strategies, competition, expected activities and
expenditures as the Company pursues its business plan, the adequacy
of the Company’s available cash resources and other statements
about future events or results. 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: (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; and (iv) other factors beyond the control of
the Company. 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. The forward-looking information is
based on a number of assumptions, including assumptions regarding
general market conditions, the availability of financing for
proposed transactions and programs on reasonable terms, and the
ability of outside service providers to deliver services in a
satisfactory and timely manner. The forward-looking information
included in this press release are made as of the date of this
press 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.
A photo accompanying this announcement is
available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c04d816a-15e5-4a7d-b358-10268196637b