Zefiro Announces Postponement of Annual and Special Meeting of Shareholders to March 20, 2026

Core Viewpoint - Zefiro Methane Corp. has postponed its annual and special meeting to March 20, 2026, to allow for a separation from a related hearing before the British Columbia Securities Commission regarding allegations against a former CEO [1][2]. Meeting Postponement - The meeting was originally scheduled for March 4, 2026, but has been moved to March 20, 2026, at 12:00 p.m. Eastern time [1]. - The postponement aims to provide clarity on the outcome of the hearing scheduled for March 3 and 4, 2026, which involves allegations of misconduct against former CEO Talal Debs [2][3]. Board's Position - The Board of Directors believes that holding the meeting promptly is in the best interest of the company and its shareholders, allowing them to make informed decisions based on the hearing's outcome [3]. - The Board emphasizes the need for timely governance to stabilize operations and preserve strategic transactions [4]. Strategic Transactions - The company is working on two potential transactions expected to close within the next six months, which require governance certainty and board approvals post-meeting [4]. - Institutional investors and lenders have indicated they will not engage until the proxy dispute is resolved, leading to liquidity erosion and stalled financing [4]. Voting Information - The record date for determining shareholders entitled to vote remains January 28, 2026, while the proxy submission deadline has been extended to March 18, 2026 [5]. - Shareholders are advised to use only the GOLD proxy or GOLD voting information form provided by management to vote for the election of management's nominee directors [6][7]. Company Overview - Zefiro Methane Corp. specializes in methane abatement and aims to be a leader in active sustainability, focusing on cleaning up environments impacted by methane leaks [11].