Fort Lauderdale, Florida--(Newsfile Corp. - January 27, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announced today it has entered into loan satisfaction agreements (the "Loan Satisfaction Agreements") with three creditors (the "Creditors") to eliminate an aggregate of USD $1,790,000 in outstanding debt pursuant to a secured loan received by a subsidiary of the Company from the Creditors in May 2025 (the "Secured Loan") and add approximate ...

Core Viewpoint - Zefiro Methane Corp. has received necessary approvals to initiate a plug-and-abandonment program in Louisiana, which is crucial for the development of new energy infrastructure in the region [1][2]. Project Details - The project involves remediation of nine wells at the site of a new energy infrastructure facility, requiring excavation, cleaning, re-plugging, and cutting off between 10 and 60 feet below the surface [3]. - The total duration of the project is expected to be approximately 90 days, generating total revenue of over USD 5 million [4]. Company Expansion - Zefiro's operations have expanded to an eighth state, marking a 100% increase compared to 2023 [7]. - The project is part of a broader strategy to enhance the company's presence in the Gulf Coast region and capitalize on year-round operational capabilities [8]. Management Insights - The CEO of P&G expressed excitement about the project, highlighting the increasing demand for complex remediation work in the energy sector [8]. - Zefiro's CEO noted that this project signifies new beginnings for the company, enhancing its portfolio and operational efficiency during winter months [8]. Company Overview - Zefiro Methane Corp. specializes in methane abatement and aims to be a key player in the active sustainability market, focusing on cleaning up air, land, and water sources affected by methane leaks [9].

Core Insights - Zefiro Methane Corp. has published its 2025 Year-End Letter to Shareholders, highlighting its growth trajectory following a management transition in June 2025 [1][2] - The first full fiscal quarter under the new management yielded USD $12.1 million in revenue, with a 29.5% reduction in expenses, allowing for free cash flow to support core operations and settle debts [2] Company Overview - Zefiro Methane Corp. specializes in environmental services, focusing on methane abatement and aims to be a key player in Active Sustainability [5] - The company is developing a comprehensive operational framework to address methane leaks, with a goal of generating long-term economic, environmental, and social returns [5] Strategic Developments - Zefiro is set to enhance its environmental services category by utilizing P&G's crews and equipment year-round, starting a project in Louisiana valued at over USD $5 million, expected to continue until March 2026 [3] - The company is emphasizing core operations that consistently drive revenue, with management expressing commitment to transparent communication with shareholders [4]

Our subsidiary Plants & Goodwin, Inc. ("P&G") helped advance a large-scale infrastructure project converting a coal-fired power plant into a cleaner, natural gas-fired power plant in Western Pennsylvania. This was achieved through a USD $1.5 million project to permanently decommission nine "marginal" conventional gas wells.Additionally, P&G is working with a private infrastructure developer to finalize approvals in order to proceed with another infrastructure project (valued at more than USD $5 million) in ...

Zefiro Methane Corp. Announces Recent Open-Market Share Purchases by CEO and Board Members of 723,000 Common SharesCumulatively, 723,000 common shares of ZEFI were purchased on the open market by Zefiro's CEO in addition to three members of its Board of Directors.December 01, 2025 7:30 AM EST | Source: Zefiro Methane Corp.Fort Lauderdale, Florida--(Newsfile Corp. - December 1, 2025) - ZEFIRO METHANE CORP. (Cboe CA: ZEFI) (FSE: Y6B) (OTCQB US: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announc ...

Core Viewpoint - Zefiro Methane Corp. has entered into debt settlement agreements to eliminate approximately $407,855.97 CAD in outstanding debt, which is seen as a strategic move to strengthen its balance sheet and reduce overall debt obligations [1][3]. Debt Settlement Details - The debt settlements will involve issuing a total of 1,127,273 common shares at a deemed price of $0.275 CAD per share and granting 400,000 stock options with an exercise price of $0.40 per share [2]. - A portion of the debt, specifically $97,855.97 CAD, will be forgiven and settled for no value [2]. Company Overview - Zefiro Methane Corp. specializes in methane abatement and aims to be a key player in promoting active sustainability [5]. - The company is focused on creating solutions to clean up air, land, and water sources affected by methane leaks, leveraging its operational expertise [5].

Core Insights - Zefiro Methane Corp. reported record quarterly earnings with revenue of approximately USD $12.1 million for the first quarter of fiscal 2026, marking a ~21% increase compared to the previous record [6][7] - The company has successfully reduced net operating expenses by approximately USD $1.25 million year-over-year, contributing to positive net income and free cash flow [6][7] - Zefiro's strategic focus on revenue-generating business lines and cost-cutting measures have strengthened its financial foundation, positioning the company for sustained profitability and growth [4][8] Financial Performance - Revenue for the three months ended September 30, 2025, was USD $12,138,548, compared to USD $10,006,487 for the same period in 2024 [11] - Gross profit increased to USD $4,934,630 from USD $3,262,158 year-over-year [11] - Total operating expenses decreased to USD $3,123,854 from USD $4,379,125, resulting in a net income of USD $665,401 compared to a loss of USD $1,665,403 in the prior year [11] Operational Highlights - Zefiro has been awarded a second federally funded project in Ohio, involving 37 orphan wells, expected to begin operations in November 2025 [8] - The company secured a two-year well retirement contract with a top-tier industry operator, expanding its partnerships [8] - Zefiro completed its first publicly announced sale of carbon offsets, delivering 92,956 metric tons of CO₂ reductions, indicating growing demand for its emissions reduction services [8] Debt Management - The company has demonstrated financial discipline by repaying and retiring promissory notes totaling USD $450,000, further reducing its debt obligations [9][10] - As of September 30, 2025, Zefiro's cash balance increased to USD $659,132 from USD $52,603, reflecting improved liquidity [11] Future Outlook - Preliminary results for October 2025 indicate one of the highest revenue months in the company's history, suggesting continued demand for its services [13] - Zefiro plans to prioritize future free cash flow towards reducing outstanding debt and enhancing financial flexibility for growth initiatives [13]

Core Insights - Zefiro Methane Corp. reported record revenue of approximately $12.0 million for Q1 of fiscal year 2026, marking a ~20% increase compared to the highest quarterly revenue in the company's history [2][3] - The company achieved positive net income and free cash flow due to declining expenses and operational efficiencies [2][3] Financial Performance - The revenue of $12.0 million in Q1'26 is the highest in the company's history, surpassing the previous record set in Q1'25 [2] - The company has successfully reduced expenses, contributing to positive net income and free cash flow for the quarter [2][3] Business Developments - Two major private sector customers have expressed interest in continuing operations, which is expected to generate additional revenue during the winter season [4] - Zefiro was awarded a project by the West Virginia Department of Environmental Protection, expected to generate approximately $1.3 million in revenue [4] - The company completed its first sale of carbon offsets under the ACR orphan well methodology, confirming emissions reductions of 92,956 metric tons of CO2 [4] Strategic Focus - Zefiro is committed to financial discipline, having repaid a $350,000 promissory note and renegotiated another note for greater financial flexibility [8] - The company is actively pursuing additional contracts in Environmental Services and Environmental Markets to support consistent revenue generation [8] - Management is focused on maximizing free cash flow to meet upcoming debt payments and strengthening the balance sheet for long-term growth [8]

Core Viewpoint - Zefiro Methane Corp. has initiated an internal investigation regarding potential misconduct by director Talal Debs, following a civil lawsuit that alleges his improper conduct during his tenure as CEO and at X Machina Sustainable Technologies Inc. [1][9] Group 1: Investigation Details - The Board of Directors became aware of a complaint filed in New York against Mr. Debs, which includes allegations of misconduct related to his role at X Machina Sustainable Technologies Inc. and its affiliates [2][9] - An internal investigation was deemed necessary due to alleged improprieties in Mr. Debs' handling of funds and other fiduciary misconduct, leading to the formation of a Special Committee [3][5] - The Board will monitor Mr. Debs' conduct to ensure he does not interfere with the investigation [5] Group 2: Mr. Debs' Actions - Following the Board meeting, Mr. Debs announced his intention to nominate an alternative slate of directors for the upcoming annual general meeting, which was not authorized by the Company [4] - The Company clarified that Mr. Debs' announcement was made in his personal capacity and raised questions regarding its propriety due to the ongoing allegations against him [4] Group 3: Company Overview - Zefiro Methane Corp. specializes in environmental services focused on methane abatement, aiming to be a key player in the emerging methane abatement marketplace [6]

Core Viewpoint - Zefiro Methane Corp. reported consolidated revenues of $32.4 million for the fiscal year ended June 30, 2025, with a net loss of $10.6 million, reflecting increased operational costs and management changes aimed at improving financial discipline and operational efficiency [1][4][5]. Financial Performance - For the fiscal year 2025, Zefiro generated consolidated revenues of $32.4 million, slightly down from $32.7 million in the previous year [6]. - The company reported a gross profit of $7.5 million, compared to $9.6 million in the prior year, with a gross profit margin of 23% versus 29% [4][6]. - Total operating expenses increased to $16.0 million from $14.7 million year-over-year, contributing to a net loss of $10.6 million, up from a loss of $6.8 million in the previous year [10]. Management and Strategic Initiatives - A new management team was appointed in June 2025, focusing on improving financial discipline, operational efficiency, and reducing expenses [5][9]. - The company aims to refocus operations on its core plugging and abandonment business, expand government revenue streams, and enhance carbon credit sales [6][8]. - Management plans to provide further details on performance and strategic outlook in an upcoming call on October 1, 2025 [6]. Operational Highlights - July 2025 revenue is projected to be approximately $4.0 million, marking the highest revenue month in Zefiro's history [6]. - The company has successfully sold and delivered 48,536 tons of carbon offsets to three strategic buyers in the quarter ending September 30, 2025 [6]. - Zefiro has seen a significant increase in its pipeline of environmental services activity, particularly with private and federal/state operators [6]. Financial Position - As of June 30, 2025, Zefiro had liquidity of $1.14 million, down from $1.33 million a year earlier [4]. - The company has reduced near-term debt obligations and expenditures on non-essential costs to strengthen its balance sheet and improve liquidity [8]. Company Overview - Zefiro Methane Corp. specializes in methane abatement and aims to be a key player in the environmental services sector, focusing on sustainability and the monetization of methane offsets [11].