FORT LAUDERDALE, Fla., March 28, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced that it has engaged TÜV SÜD America (“TÜV SÜD”), a technical inspection association that tests, inspects, and determines certifications of technical systems and facilities, as a third-party validation and verification body (“VVB”) for the Company’s projects listed on the ACRcarbon registry . This agreement follows Zefiro’s inaugural project listing on the ACRcarbon registry , which served as an important step toward monetizing carbon offsets originated by the Company through its portfolio of environmental remediation projects in the United States.
After successfully completing a standard screening process, which included various conflict checks to certify that it is a neutral third-party entity to Zefiro, TÜV SÜD subsequently undertook its first visit to a Company project site to collect emissions measurements. This served as a key milestone on the pathway to the issuance of Zefiro’s first carbon credits, and TÜV SÜD will conduct further due diligence on the project to ensure that all criteria are met under the ACRcarbon methodology for originating offset products. Once final approval is received, the carbon credits will be issued into Zefiro’s offset portfolio account, which the Company can then use to fulfill its various pre-sale agreements, including those with Mercuria Energy America LLC and EDF Trading .
More information on TÜV SÜD can be found on its website: https://www.tuvsud.com/en .
More information on ACRcarbon’s Validation and Verification standard can be found on the following webpage: https://acrcarbon.org/acr-program/validation-and-verification/ .
Pictured second from right, Zefiro CCO Tina Reine has been a prominent carbon trader since the mid-2000s with institutions such as J.P. Morgan. Ms. Reine plays a key role in navigating the validation process for originating Zefiro’s carbon credits.
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 Chief Executive Officer Talal Debs commented, “Now more than ever, stakeholders throughout the voluntary carbon marketplace are determined to pinpoint investment opportunities that not only make a positive impact on public health, but are also verified by trusted, third-party agents. By providing TÜV SÜD’s expert teams access to review Zefiro projects that safeguard key air, water, and land resources across the United States, our team is confident that we will receive the certifications needed to quickly expand our portfolio of high-quality, ACRcarbon-listed projects.”
Zefiro Chief Commercial Officer Tina Reine commented, “TÜV SÜD’s reputation throughout the energy sector as capable, independent evaluators of offset products is unquestioned. As Zefiro’s teams of environmental remediation specialists continue to expand their operational footprint across North America, I am excited that TÜV SÜD’s commitment to reviewing their work will soon lead to the issuance of innovative, methane abatement-oriented credits that can help drive the marketplace for years to come.”
Zefiro Methane Corp. also announces that it has entered into a 12-month online marketing agreement dated March 10, 2025 with Insider Buying Inc. ( InsiderBuying.com ), providing the Company with investor relations, advertising, and promotional services designed to elevate its presence among value investors, investment advisors, and institutional equity investors. Under the terms of this online marketing agreement, Zefiro will be paying CAD $75,000 up front and CAD $25,000 at the end of each month for the next five months starting April 2025.
Reporters/Media: For any questions or to arrange an interview with Ms. Reine, please contact Rich Myers of Profile Advisors (New York City) by email at media@zefiromethane.com or by telephone at +1 (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.
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/65d20363-61b3-493e-8334-7ea1634ca83f
